I was told by one broker today that I wouldn’t qualify for over a certain amount on a property because first time buyers with no landlord experience cannot use the rental income from the properties towards their qualification.

Starting as close to where your experience lies as possible will save time money and headaches.

Hello Biggerpockets Community, I'm currently considering a unique opportunity to go 50/50 on a property with a friend, and I'd love to hear your thoughts and experiences on this matter.Background:My friend and I are contemplating joint ownership of a property where they will live and cover the mortgage, while her and I contribute 10% down payment.

Does anyone has experience with buying lots and start new construction?

Has anyone had experience with their project management tool?

I was wondering if anyone has had an experience like this and can offer some guidance.

If you are okay with having a horrible experience and possibly closing, go with the cheapest.

Smith, Grantor, hereby sales and warrants unto Tom, LLC, a Limited Liability Company created and existing under and by virtue of the laws of Washington, whose principal place of business is 123 Smith Street, and Mike LLC a Limited liability Company created and existing under and by virtue of the laws of the State of Washington, whose principal address is 456 Jones Street, Seattle Washington 12345, Grabtees, as Tenants in Common.

Together @Amelia McGee and I  self-manage 60+ units and have a wealth of experience in landlording.

Friends who have worked with Habitat for Humanity have told me that they've learned a lot through that experience.