Purchase price: $232,500 Cash invested: $45,000 Newly renovated SFR in Shore Acres, St.

Then if I have additional concerns I call in an expert to get further information and an estimate on what the repair will cost.

The information contained in this post is not to be relied upon.

For experienced investors who have done 5+ similar rehab projects, I can lend up to 100% of the purchase price and 100% of the rehab on light 1-4 unit rehabs. 

Thank you for the information!

We've essentially ruled out investing in our local community because we can't seem to find a good deal (we live about 1.5 hours north of NYC, so purchase prices are very high), so we are considering (1) investing out of state; or (2) investing in some northern NY localities (Syracuse, Albany, Rochester, etc.). 

What if I told you that you could purchase your house by only paying for 20% of the property value?

The purchaser of the property, sometimes the foreclosure rescue artist, is now free to refinance the property or to sell the property to another party.

Primary home is a little easier but for FHA and other programs it requires 12 months title seasoning.There is something called delayed financing that if you purchase a piece of land and pay for the home "All Cash" without a mortgage you can get up to 80% LTC.

Since I will be managing it after purchase, you can be certain I'm not going to sell you a bad investment.