Questions for those more experienced.In the beginning stages of locating and securing property for investment purposes, confusion may arise as to what steps should be taken and in what order.My thoughts are that you should make every attempt to get pre-qualified by a lender, prior to even locating a property for investment.

In my area, 12-14% is the norm.Try to secure an interest-deferred period of time (like 3-6 months) especially if you are just going to turn around and refinance.

I was told that any loan on a 1-4 family dwelling falls under the new law regardless of financing method.

It does give you a lower barrier to entry than many other investment properties.While it is tough to get any cash flow in this general area with that method to start.

If they can't tell you then maybe for this area you need to include a line at the end of your letter stating that if the recipient would like to stop receiving your letters to please call, email or write to you (whichever contact methods you provide).

Plus, I have a secured line.

I wondered what some of those benefits might be and if it would warrant a little extra effort to try to secure the one end unit owned by another party.Thanks for chiming in.

I am collecting the pro-rated amount + first month + security deposit.Here is how its stated in my lease:Tenant hereby agrees to lease the Lease Premises.

(This one I did put on the market for 2 months) but then just had to have a tenant in the property with a signed lease and paid up rent for a month with security deposit.

There's nothing like passive income. 90% of households across the country need additional income and I can't see any better way to securing those funds than being a real estate investor.If you just want to make some extra cash for whatever reason, this is it.