I am planning on this being my personal residence for 1-2 years(either unit 1 or 2) and was able to get a local bank to finance with only 5% down since it's a personal residence.

I still own that SFH, but I have also bought since then a 4-plex and a 8-unit apt building.I now have a love for investing in real estate, specifically Multi-family residence and can't really get enough information of REI.

Now, you may want to make sure you have specific landlord issue coverage which may not always be present in an umbrella policy over both your primary residence and your investment property.

Background:So I'm about to close on a duplex utilizing a loan from the Veterans Affairs for a primary residence.

The neighborhood was starting to decline, not a war zone, but the houses and residents began to reflect dropping incomes and real estate prices (bad for the homeowners like them, but good for investors).Have you looked into anything in the North Linden neighborhood?

hi Chris,I'm a fellow Nola resident as well and am just getting my investing career started.

., resident in the forums.

I found BP while doing a google search on questions I had on mortgage loans while I was house hunting for my primary residence.

I reside in LA my experience with self-managing 25 units located in 3-4 properties in LA.

I'm a dual resident of Indiana and New York, and my time in New York is in the New York City area, so I would like to fix/flip and wholesale there as well.