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All Forum Posts by: Eliel Martinez

Eliel Martinez has started 2 posts and replied 13 times.

Starting Out

Post: I can't find a deal 1% rule, 0.7% max buying conventional

Eliel MartinezPosted
  • Posts 13
  • Votes 2

@Tom Ott thanks for the advise, for sure I will look on those markets

0 Votes
Starting Out

Post: I can't find a deal 1% rule, 0.7% max buying conventional

Eliel MartinezPosted
  • Posts 13
  • Votes 2

@Nathan Hillier thanks for your advise, and I'm buying in Oklahoma, but when I start looking the prices were fine but now that I'm ready to start, the prices are higher on the ones are pretty much ready to go, they just need cosmetic work.

But cause is my first deal is kind of difficult to take a decision and find the best way to make it, but thanks for your help guys and with all the advises I will make it happen

Tks

0 Votes
Starting Out

Post: I can't find a deal 1% rule, 0.7% max buying conventional

Eliel MartinezPosted
  • Posts 13
  • Votes 2

I want to start with my first deal out of state, but I've been looking a lot of houses and neighborhoods but the ones I qualified with a conventional loan has to be livable, so I can't buy something that I can gain equity by fixing it up, so I can't meet at least the 1 % rule, max is 0.7% should I buy or what to do??

Any advise?? I'll appreciate it

Tks

0 Votes