@James Wise @Remington Lyman I am in an ai Mastermind group for real estate pro's.

I would think a conventional "temp" loan would be foolish cost wise with closing costs as they will be and  interest rates or maybe interest rates would be better.

That decision fueled my discipline to save consistently and check zillow almost everyday (as I knew nothing of biggerpockets at the time).2) Took Action - The action to save, the action to check zillow, once I felt I had a good amount of money (not nearly enough lol) I started to reach out to lenders to get pre-qualified - that process told me what else I needed to do (creditwise/cashwise/debt to income ratio wise).

This is why I do all my flips in an S-corp and hold my rentals separately.Do research, ask cpa's, including other than your current one and choose wisely.

What I am wondering is after this first property is it wise to keep investing in massachusetts or should I try to invest in other states where the market is alot cheaper and may have alot better deals?

I would also think you need to be cheaper than a one bedroom apartment by some factor for the incovenience.You also need to know what you qualify for price wise, so you want to talk to a lender and see what kind of loan you can get, how much money you can get, and what you are comfortable with. 

Quote from @James Wise: Quote from @Phil Salazar: I bought a 3 bedroom 2 bathroom 2021 blt. house  in a Wrap Around mortgage. 

If so, how would you handle it timing-wise?

Thank you for that wise advice!!!

Quote from @Charles Mcintire: @James Wise if I use a FHA loan don't I have to live in it for one year?