Well, of course - that's obvious - but most people in most places in the US are going to spend too much on their purchase because that's what's available.

Amenities include, laundry, assigned parking, and wifi available for each unit.

And IMHO, the prices are dropping big time (on avg. 10K/month...houses that were above 300K a year ago are not selling at 250K now) and the available rentals saturation is worse than I seen during summer season (with rents dropping from 1$-1.08/sqft to 0.8$/sqft and very little contacts and applications...just go in Zillow and look how many rentals are on the market now in Kyle, New Braunfels or Converse). 

I am hoping to pull from a HELOC soon with funds up to approx 125K available to me through that.

There is also a ton of different financing strategies available other than your conventional mortgages.

Below is some info from an available commercial program:If the DSCR is 1.25+... 75-80% LTV.Min FICO: 720+ PreferredDocuments you would need... 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Ask yourself: do I really have the knowledge of real estate principles, real estate law and real estate finance; the network of contacts; the experience both in business in general and real estate in particular; the time available; and the analytical ability to compete against FULL TIME EXPERIENCED PROFESSIONALS to be successful in a field where the failure rate is so astronomically high?  

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

At the moment, our data is only available for Philadelphia.