Thank you folks.

The folks at SWBC will come alongside you throughout the renovation process and have a database of contractors they've already vetted and approved.Regarding appraisals, most 203(k) lenders will appraise based on the ARV of the property, so that at least works in your favor :-)Good luck! 

Many, many of us started with Rich Dad Poor Dad so that's definitely a good launching off point.The best financing terms you'll ever get will be for owner-occupied, so if you're able to do 3% down and the #s still work well enough, I usually do recommend the BRRRR strategy to new folks as the best way to get started.It sounds like you got some great experience in RI - the ability to do some renovations will be a big help if you get into rentals in any significant way.Networking is important, but the best advice I can give for that is, don't network with everyone.

@Steve LeBlanc sigh, it’s amazing how many folks are short term thinkers, banks included.Find a small (500M-1B) and likely local bank that does portfolio lending for clients.

Hi BP folks,I'm hoping to become a new investor from Seattle looking to invest in the Columbus area.

These forums are great and you will find a ton of folks looking to help you out.

I personally do not like trusts in doing asset protection, but I do know some smart folks with different opinions.

I will ask tomorrow if the folks I used can lend in CO if you’d like.

You definitely want to network and take advantage of the connections the more experienced folks have made.

Folks, This is a way I can sell properties, for a premium, that may not qualify for a conventional mortgage.