In addition, you will be far less efficient.

Feel free to PM me if you need any additional info.

There would be additional review at this point: ordering the appraisal, downpayment requirements, and the paperwork for the rehab draws and terms.The local banks I've worked with required 25% down on the purchase price, the rehab was done in drwas after the inspections, but all one closing and then the loan converted to a permanent loan once the draws were complete.20 year term resetting every 5 years, for me.  

We are also working on other deals together, so there are additional benefits to both of us.  

You'll find that many often require substantial fees in addition to your monthly payment in order to finance projects outside of their normal scope.

Do you know other investors that are interested in this type of rental property or are you yourself interested in additional properties of this nature?

and am interested in exploring working with investors to enhance new properties or renovations in exchange for knowledge and a cut after expenses.

Additionally, I'm a part of a fast growing power team that is seeking to partner with reputable contractors interested in joining our team.

I wanted to go into downtown condos to avoid any vacancies etc. but still that does not make much sense. what could be other areas, type of homes for a newbie to explore ?  

Hello All,My wife and I are just starting to look into real estate investing as a means to add additional income sources in our "old age".