Knowing what to budget for when buying a home may feel intimidating — but it doesn’t have to be.

If you're insuring a home to replacement cost, insurance companies don't care about appraisals or what the home is worth.  

If you’re truly convinced the country is going “socialist” then you should probably buy gold and turn off the news.

(And I would tell you to not buy a property that doesn't cash flow unless you have significant resources behind you that could absorb anything that could come at you - like replacing a $5,000 AC one month followed by replacing a $1,000 hot water heater the next).   

If you are using it to buy a turnkey property which needs to produce cash flow to be considered a viable deal how does buying turnkey(Little to no cash flow) combined with HML(High interest only debt) make alot of sense financially? 

Here's why:Deep Discount Buying OpportunitiesAfter a period of aggressive rate hikes, many real estate assets are trading 20-30% below peak prices seen in 2021-2022.

It took me 11 years, 25 properties, and 76 doors just to replace my income.

A good PM can assist with initial analysis and either help you buy or knows someone who can help you buy.

Quote from @Jaycee Greene: Quote from @Mark Daniels: I know in residential lending you can get a HELOC to borrow a down payment to buy another property.

There are places that are tenant friendly and then there is California which is at another level completely.Have you thought about buying elsewhere?