It is possible to get 90% of your purchase price and 100% rehab funded as a first timer in 1-4 units.  

I would also do a property walkthrough asap and determine if the tenant will be occupying the property until termination is possible or leaving.

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.  

Help him purchase another home Subject to that existing mortgage. 

.• Hybrid Approaches:Some teams combine purchased lists with public records to cross-reference and validate information, which can improve call success rates.I’ve found that a bit of trial and error is often necessary to identify the right mix for your market and team size.

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

If you’re interested in assuming a VA loan, you will be required to purchase the home in your name and have enough cash to cover the seller’s equity in the home.

And we usually replaced windows/storm doors and HVAC systems within a year of purchasing older units, and this has helped as well.

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

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.