I am 28 yrs. old and quite the newb when it comes to real estate investing, however, I have been soaking up all of the amazing resources that this amazing website has too offer.

I have a smaller 3 bed house, 2 small children (2 yrs and 6 mnths) and we are planning on having more.  

I'm leaving my role as head of an independent middle school (for 24 yrs) this June and, like you, trying to decide if my next adventure is in real estate.

There are some downsides to this loan,*PMI for life* funding feeBut the upsides as low downpayment are pretty awesome.If you put 10% down on a FHA loan, then the PMI will fall off in 11 yrs (better then life). 

I've been passionate about the field since I was 15 yrs old and now feel ready to add it to the mix of other things I want to do to provide a great life for me and my family.

My "long vacation" was sailing on my boat for the last 6 yrs, so I guess you could say I'm trying to figure what I want to do next when I grow up in general.The property has a lot so big my neighbor's employees are paying $50/mnth to park in it.

 ( A detailed title search should give history upto 30 yrs), this property is only 13 yrs old.5.

Typical investor mortgage will be 80% LTV, fixed for 5 yrs then adjustable. 

BS Econ - IVY (was also captain of IVY Champ team all 4 yrs - now in Athletic Hall of fame and still hold a lot of records).JDNo others lawyers here????

Fifteen Units (three SFRs, two duplexes, one 8-plex)< 2 yrs = 7; 2-5 yrs = 0; 5-10 yrs = 3; 10-15 yrs = 3; 15-20 yrs = 0; 20-25 yrs  = 1; 25-30 yrs = 1.