My names Arthur, I am 28yo looking to connect and build my real estate portfolio.Quick SummaryI purchased my home in 2017 on Rice Lake in Keene, Ontario.

@Marc Rice I would love to invest in any of the areas you mentioned as I know great contractors, and lenders in California but it's like you said, I will need to start with putting $100-200K down.

A co-worker of mine @Marc Rice does the exact same thing with around 100 doors and people beg him in Columbus to take on their properties and are glad to partner with him on deals because of his expertise.

Although it is often not a problem dipping your toe in a few investment properties first and then setting up your LLC (you can always quit claim deed those over to your new LLC name), you might as well get your LLC set up sooner rather than later since having an LLC at some point is inevitable for any investor looking for long term success.Matt Rice www.newwestern.com/agent/matthew-rice/

@John Rice It would depend on exactly what your goals are in terms of offering seller financing regarding the interest rate, how much down and monthly payments.

I'll buy only what I can afford on my own that way, if house hacking doesn't work out, I can afford the payments even if I have to live on rice and beans.

Purchase price: $236,000 Cash invested: $80,000 Sale price: $495,000 We found a 1bd/2ba condo with 1,400 sf private terrace in Chicago's Gold Coast neighborhood that went into foreclosure.

Purchase price: $236,000 Cash invested: $80,000 Sale price: $495,000 We found a 1bd/2ba condo with 1,400 sf private terrace in Chicago's Gold Coast neighborhood that went into foreclosure.

You need to have your RICE In order to be successful.Reserves:   Six months of living expenses to help you get through hard timesIncome"  Source of income to make regular monthly mortgage payments in addition to your regular living expenses.Credit  Minimum of 620-640 to get a mortgage loan.

Temple Terrace Townhomes and Terrace Hill Apartments is a 40-unit multifamily property located in Tampa, FL.