I wouldn't know whether to stay in the first unit I buy or move into the second when I purchased it because I've read that it's much more difficult to get a hold on a mortgage loan when you're purchasing as an investor rather than someone who's going to actually live in the property.

@Peter Fuentes I live in Los Angeles, and am purchasing a second home in Portland in January.

I just found this bank and am closing on the first loanwith them in a week or so and already started the second loan with them.btw: All of these allow refi's with no seasoning.To me, the holy grail of portfolio loans is 5% and 25 yr amortization.But I'm just glad I have so many options these days.

I second Florida and the Sarasota to ft Myers area.

Second fear - what if the tenant doesn't pay the rent?

On the day this property came on the market, I received a phone call from one of the bankers with a thumbs up on a construction loan for $85k as a second home property for six months, at which time it would roll over/refinance into an investment loan.

Foreclosure of second position lien?

The upfront cost was a factor since I had just purchased my second property and didn't have any cash flow and had to invest money to rehab.

I have read a couple books and even to went to a "Guru" seminar but for additional mentorship from the guru I would've had to pay $2,000 dollars and quite frankly it seemed like a sales pitch more than anything else.I was even nervous typing this first post, but I know if real estate investing is something I want to do then I must take actions towards my goal and network with people anyway I can.So if anyone has any advice for me feel free to comment, I am currently looking for a second job to increase my funds for investing and marketing and also available to help to any wholesalers or real estate investors in any form so I can gain more knowledge of REI.

I am an investor first, real estate agent second (got my license for purposes of aiding my investing career).With what is admittedly just a passing glance at ListingBook, I don't see why an agent would be interested.