Hello, I purchased a property in Snohomish County in Washington State at the auction.

I am always confused on how GC credits no more than 2% of his portfolio to outside investors, but then raises money to purchase 100% of his deals?

You could aim to purchase near those areas that are already or set to boom even more with large commercial projects going on. 

Couple of different ways to do that:)Many parts of the USA don't have cashflowing Class A rentals currently.So, recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Purchase price: $120,000 Cash invested: $35,000 After running this as an airbnb for over a year I have learned so much.

The loan was for 932k 791 purchase and 132k 50k construction 72k interest and tax reserve.

This duplex was purchased off-market, bundled with another duplex for below market value (off-market).

One recent example, the seller purchased the building and dumped $500k into making it their dream vegan organic non-GMO ethical [bla bla bla, and so on, and so on] eating establishment.

I knew that in Michigan (and im sure across many states as well), you can purchase your first home with only  3% down on a conventional loan, or 3.5% down with a FHA loan.

We found a house we want to purchase.