Of which, if you’re not so familiar with the market, neighborhoods, trends, of an area, they can be a great resource.If you’re investing in an area you’re extremely familiar with, maybe that benefit doesn’t apply for you.

This applies to all aspects of investing and just about anything.

You would need to apply that same methodolgy to a recent duplex comp to get a usable multiplier that is applicable today.

Does the same apply for the physician loan or does it have to be your primary residence for the life of the loan?

My plan is to apply for a conventional mortgage in order to fund the deal.

If it is to generate profits from buying low, applying BRRR and selling high, that's a very valid approach.In my program, people want to develop a passive income portfolio to ultimately become economically independent and possibly retire early.

Operational expenses do not apply here (maintenance, CapEx, management & Mic).Refinance:...Loan Fees: is zero when adding a mortgage loan you will have closing costs from the lender. 3-6% of the value of the home in some cases. 

if you use commercial loan there are no limits other than what the individual bank will do. the loan limit is a Fannie Mae rule, it's 10 total and most banks have a 4 limit overlay. none of this applies to commercial loans, but as I said above, all banks are different so you need to find the one that wants to fund the strategy you're trying to put together. 

That's what they get paid to know and be able to apply, and if you don't have a savvy CPA, then kick them to the curb and get a better one -- I've upgraded mine for the past two years and it's reducing my stress and optimizing my business.Be well,

I thought I could apply for a HELOC for each of my buildings that I currently own, and focus on buying a building where I can turn around and refinance the property at 80%LTV to pay off the HELOC, given that I would be able to acquire the property for less than it is worth.Has anyone out there had any success with this strategy?