Answers by Matt Freedman

When it comes to lenders always speak with your Relator or your trusted friend and family. As you learned there is a lot more to lending than just finding the best rate. A succesfull Realtor will be able to guide you, advise you, and explain why you want to ask certain question. AI is good for a quick answer but is not helpful with they why part. I am seeing tghe AI trend with multiple recent clients citing what ChatGTP told them. My repsonse is always the same. "Hey that's wonderful, however please run all your questions by me. I'm the one who can provide you the specific advice relevant to the neighborhood/area/ issue as it relates to your situation."

Yes I speak with out of state investors fairly regularly. Are you looking to invest in Maine?

Nakeya, One of the easiest things you can do to help educate yourself is to join the BIgger Pockets Online Community. Define what your buy box is, learn how to underwrite/pencil your deals to see if the financials make sense. Align yourself with knowlegable Realtors and surround yourself with an A+team of contractors.

Travis, unless you are looking to invest nationwide, the best area to invest in is your lcoal market. Learning your local market, or whatever market you want to invest in, will help you identify good deals. There is usually money to be made in any given market.