Monthly payment is 1900 with a 6.5 rate and would rent for 2500.posted in another group but realized it was the wrong one Hey Keith, I've helped other clients do this sort of thing - vacating a primary residence and then pull out cash to purchase another property elsewhere.

Proper underwriting - this includes an appraisal, loan app and full underwriting to comply with CFPB regulations.2.

Why do you think purchase contracts are so long and have such small print?

Quote from @Yaroslav Shtogun: Hello Community,I am seeking advice on the following real estate situation:I’m in the process of purchasing a double lot property (100x100 in an RS-50 zone) that includes a 1,200 sqft wood-frame house and a 640 sqft detached garage.

I read on Lee Arnold system . com that joining the inner circle gives access to up to 100% financing on residential loans including Property Purchase Price + Closing Costs + Rehab Costs if that amount is 65% of the after repair value (ARV) as determined by a third party appraiser.  

It won't take much money to purchase something that makes sense.Use the remaining money to invest long-distance.

I live in San Diego, CA and purchased 3 single family homes over the last year, 1 in TX and 2 in OH.

I purchased a duplex (Austin, TX) at peak market prices in 2022 for $720k.

Do you know is it different today with the idea behind "subject to" purchasing in IL?  

Congrats on purchasing the investment property!