Banks lending to IRAs will limit the LTV to 50%, sometimes 60% last I checked.

Just last year, I moved up here from Jax, FL.

Now occasionally be do get burned by someone new, but that has only happened 1-2 times over the last 14 years.

You only have to live in one unit for at least a year and after that you can move out and rent the last unit.

At last minute my lender informed me that they would not lend money to a community that is 15% or more of rentals.

In the last 9 months while working a new full time job (when I started my real estate journey) I have one rental house currently rented out and cashflowing, a fix and flip that is in process, and I just made an offer for a duplex with seller financing and limited money down that will cash flow nicely.

J Beard so with an 8-9 year cycle and the last down spiral starting in 2008, does that signal we are approaching the peak?

My last position made it nearly impossible to manage 4 doors.

I started my journey into wholesaling about a month ago.I have fund my farming area and have been driving for $ the last couple of weekends.I have managed to generate about 60 properties now its time to do the work of sending out the yellow letters.I will keep updating my results here and if anyone would like to connect in Phoenix area , DM me and we can exchange ideas.

Since last spring '15 I was looking to buy a place to live in SF.