Marie Tai Thanks for linking that site, I just signed up!

It helps if you've already done business with them.A more common way to get this done would be to find two partners and the three of you each put in $125k in equity.Also, you don't mention if the property needs rehab but one thing to keep in mind, my experience is that your capital required to complete a large deal is not equal to the amount of the down payment.Even if the property is in pristine condition, you need more money for third-party reports, professional fees and working capital.

And I hate the washer and dryer being in the kitchen, I definitely wouldn't mention it in the listing.I know in that area its common to fill in the garage, I suppose its the thing to do by investors with flips, but its not something I particularly care for.The bathroom does look a little bland and builders grade. 

Closed on 7/20/2018- Repeat On our way to buying an undervalued 7 unit (waiting for amended contracted to be signed by seller as of Friday) All of this was funded by a HELOC on my primary residence.

Loftium signs a lease directly with you so you get higher rent payments guaranteed every month without the work of managing an Airbnb.  

Sure in theory the owner just signs a piece of paper saying you can take over ownership and he'll just up and walk away, as long as you pinky promise to pay the mortgage every month, but I guarantee you that there will be more unexpected hurdles coming. 

This is a topic of common discussion here on the forum.

I just decided to sign up for a home inspection certification course in Maryland.

This is a sign of an elevated market.

It "could" have been a coincidence that someone showed up at 8pm and did the deal. but it also was VERY LIKELY that I attracted interest in a deal that had been out there sleeping and I placed a big neon sign right on top....