I currently live in the Philadelphia, but would like to invest in lower income areas such as Chester, Marcus Hook, or Trainer (PA).

@Charlie Fitzgerald, I was not implying you were a scammer, in fact, I wasn't referencing you at all. 

Does anyone foresee any issues if I stay in my current place until the end of May and move into the new place after that.I plan to take out a 203K loan and fix the place up so it's unlikely i will be done by  June anyway.My agent seems to think that the owner occupier requirement also implies that you need the place; i,e don't already own a house but i can't find any such stipulation anywhere on the FM website.Any thoughts?  

If you look at real wage growth, or lack thereof, it becomes obvious that this recent rising of real estate prices is a result of something other than real wage growth, which implies prices are artificially high again.

Using the terms down payment, interest rate and loan term implies a sale.

No doubt, didn't mean to imply otherwise.  

The interaction is very valuable.I feel that the “go see your CPA, tax preparer or Attorney” is implied, and I don’t think it is necessary to start each post with a full IRS circular 230 disclosure.

Single Family, Multifamily, Condo or townhouse.4) how did you manage.and whatever else you professionals REI want to add.i am excited to hear your stories. this could be fun I was personal trainer and was training jui jitsu little bit of boxing / mma ...New guy came in to the school and said don't hit me in the face I buy and sell real estate.

They have not specifically said "We have no heirs", however they imply it.

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