Turns out it is a complete fixer (more than just the cosmetic work we anticipated) so have just begun the 203k rehab loan process.

Although I find these things helpful, I think that real interaction with experienced real estate investors would be extremely beneficial!

You also have to compare the anticipated gains of the condo to other investment markets.

Lesson learned I suppose and I will be more conservative in the future but I don't know how to anticipate this one.PITI property #1 went from $1401/mo to $1597/moPITI property #2 went from $1014/mo to $1272/moAny advice is appreciated.

Go online to Scotsman Guide, go to their interactive lender directory, fill in a simple questionnaire about the deal your trying to obtain financing for, and all lenders in their database whose parameters are a match with your loan will appear with their contact information and a description of their current loan products.

Your actual cash flow for capex your first year might be lower than anticipated and you could potentially repay the borrowed funds faster (shorting your capex fund as the tradeoff).I remember reading an article where the date of closing for a multiplex was strategically chosen.

I was simply buying it as a house hack and it worked out well for me, better than I could have anticipated.

When we bought our house, my wife and I discussed renting but it just didn't make as much sense because we both had jobs we anticipated being at for quite some time.

I've interacted with a lot of out of state folks who are in this market and they're seeing good returns on their investments.

There is ALWAYS things in a home that you will not anticipate.