Definitely very high for owner occupancy by me. a friend of mine literally just locked in at 3.5 on a 20 year yesterday.Of course it depends on your credit, etc.

I want to invest in real state because I have passion for plus I could get cash flow every month and also is tax friendly and last I love ugly houses for some people may not like but I see opportunity when other people see problems

So my question is, when partnering with an investor/friend/family member how do you legally set up the purchase to ensure cash flows are paid out as agreed?

One of my really good friends just moved down to Hermosa actually.You're in a great starting place!

Several of my friends in DC have ended up losing money when they were no longer allowed to rent their property out.

It's a great event - meet friendly, active folks in San Diego AND get an onsite look at an interesting project that's underway.  

You may be able to find a lender that requires less but you need cash to invest in real estate, unless you are one of the very luck few that have rich friends or relatives willing to throw 10's of thousands of dollars at you.

I am looking for an investor friendly real estate agent who specialize in the areas of Camden, Gloucester, and Cumberland county.

I got tired of borrowing my friend's trailer and could't find a decent used one.

I had a friend (non investor, yet) that said I should buy something that needs minimal work.