looked at property today that was described in my previous thread...terrible, crooked floors...no hardwood...no parking...needs more than a clean up...actually looked a 3 today...and found another more expensive 270K asking price 3 decker...this one is move in condition in B maybe B+ shape...my cash flow estimates are around 1700 for this property...has everything that i need for investment (deleaded, parking, 2 car garage, 3 bedrooms, good n'hood)...this one sold 2 yrs ago for 480K (unreal)and my location is boston...the city is north of boston

I have no car and very low expenses so my money builds up pretty quickly, but the work days are long and grueling.I am currently considering Orlando FL for my first investment property.

I assume he was asking more about SFR's than bigger MF's.Also this is the same bank that my entire family has gotten personal mortgages, car loans, etc through for the past 20-30 years.

I had $47k of student loan debt from a pretty worthless MBA, $13k credit card debt due to car repairs, medical expenses from a car wreck, basically my life was a mess.

I have to go out & Move my car real quick.

Half the basement was finished, the other half had a 1 car garrage and a work area.

Never missed a car payment or had a title loan either.

How about a car repo?

Have a contract in your car ready to be signed.

I am an engineering contractor in the aerospace and automotive industries who is looking for an exit strategy.