Just make sure u send a vote my way ;)

You'll have trouble finding conventional financing (i.e. prime rates, Freddie/Fannie backed mortgages) as you are essentially immediately taking out a second mortgage, increasing the LTV above 80%, and worsening your DTI ratios.That said, I did exactly that with a local credit union.

Also you should become a Private money lender and that would give u a more diversified portfolio.

Additional pickup:- Survey: Nearly 2/3 of the U.S. real estate investors intend to buy more houses in the next 1 year - Chinese Television System (Taiwan)

What's your PM, if u don't mind me asking?

For a small building, just make sure it's in good shape and u have the right tenants, and there will be very little managing to do.

If u have questions on how it works or need tips PM me.

The Chinese invest billions every year in U.S. real estate.

Hi, They are all right, it is a hot zone, u can cashflow only if u are willing to deal with turnover; looking into section 8 and so on.

@Aleksandra U.