All Forum Posts by: Bob Smith

Generally speaking, your numbers are ok if your buying in a great neighborhood with mostly owner occupied units, low crime, and stable to rising prices. I think your trying to ask how to purchase this home using less of your own money. It can be done but it will have other ramifications. One way is to ask your bank for a 15% down mortgage. Another, ask the seller to pay closing cost and in crease the sales price Finally, consider a lower loan plus a line of credit. The line of credit should be less costly to establish and should have a lower interest rate. Pay this line of credit off but then use it to help fund your down payment for your second property

Lima One only offers recourse.  Their former sales rep had misinformed a few people.

Terry, please share what you find. I am in Charlotte looking for the same thing

Dan, maybe we should meet for a coffee. I typically buy foreclosures but buying anywhere can be a good thing. Graniterealestatellc@gmail

Any update on Sept Oct meetup ? We can use the meeting room at Menus in Vangaurd office park.