Since myself And another partner are local we plan to live in the first one while we understand the process of what it takes to build and get some experience under our belt then the plan is to scale from there, really just need to get our feet in the door to which I appreciate the connect with Jennie.

Saving 3% per year will save you $1k/yr, $80/mo, of getting the loan costs you nothing.

John Nachtigall would you happen to have the PPM saved?

Open floor plans, movable partitions, and multipurpose furniture are increasingly popular among Millennial homebuyers.Digital Savvy and Tech Integration: Growing up in the digital age, Millennials are tech-savvy consumers who expect seamless integration of technology into their homes.

While the closing costs may be higher than a HELOC, the long-term interest savings might outweigh this initial expense depedning on the property value, LTV, credit, etc.Really depends on your strategy/perspective (short/long-term play, where rates are going, current fianncial position, etc).

Feel free to DM me and I can relay the path/process I've taken for my structure...after law school I went into estate planning/asset protection for HNW clients.

My wife and I are about to purchase our first property and have roughly $30-40k.My current plan or strategy:1.

Factoring in the time and efforts (driving, mailers, cold calls etc) to find "off-market" deals are you really saving? 

Start planning, get creative, and take that first step toward becoming a rental property owner.

Why didn't you make your liquidity requirements known upfront and save me a lot of time and trouble?