Of course, this is going to depend on how many points you're willing to eat for buy down (break even analysis timeline is a must), but either way, mid 9%s is at least 1-2% high.  

Now he is saying that it's a "second home" mortgage (higher interest rate) because she won't be living there (but if I buy in MD, we still have to pay the state transfer tax because I have owned in MD before.)

I’m looking for guidance on what type of investment property I should be looking to buy, whether it be a multi-family, single family, or a house near the beach that can double as a beach house/student housing as there is a university nearby. 

-People who bought at the height of the market in 2008 are actually doing better than anyone buying today assuming they kept the property.

Are you looking to buy something already done for you?

So know this: Learning the ropes is generally not quick or easy.You should avoid anyone with a whiff of “get rich quick” in his sales pitch, as well as “no money down” buying strategies.3.

ROW owner won’t buy it because he doesn’t want the tax liability.

Investment Info:Single-family residence buy & hold investment.

Commission to buying agent was 2%.

if you buy, develop properties and then sell them.You are considered a 'developer' and the land / houses are inventory. therefore, the income would be ordinary and not capital gains.