Q&A: How Can I Buy My First Rental Property? - Episode 1141

Today's first caller has a decent chunk of home equity available and a decent credit score. He's interested in buying his first rental property close to home. What's my advice for this scenario?

On this encore Q&A edition of Investing in Real Estate, I'm taking three of your questions on buying rental properties in your own backyard, finding lenders for new construction investments, and calculating ROI.q