I have programs that require only 10% down for the purchase, and will finance 100% of the rehab.

My question is do I go forward with purchasing the property and deal with the higher insurance and potential hazard or is it smarter to walk away?

I currrntly own a home and am renting it out, I am working on purchasing a duplex.

Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?

Quote from @Andrea Lucarelli: I’m interested in beginning my REI career with purchasing a SFH or condo in Cleveland area (safe neighborhood) to list as a furnished rental for travel medical professionals, supply corporate housing needs, or house temporarily displaced families for insurance companies.  

Land is valuable as I could purchase a new mobile home and install and less costs since utilities are already on the land. 

Purchase price: $330,000 Cash invested: $40,000 Hey everyone, I wanted to share a personal story about a property I purchased and renovated in Hudson County, NJ.

We've never used percentage-based criteria, like the 70% Rule, for purchases.

We are seeing much longer wait times on purchases to be cleared for disbursing funds than refinances.

Purchase price: $900,000 Cash invested: $15,000 6BB/3.5Bath 4000sf on 3.4 acres near several wedding venues.