and here is a link to the files for contracts: https://www.biggerpockets.com/files

Those were the situations where I was looking for ways to make it work.Don’t come out the gate haggling, or even discussing the terms at all.

Projected sale: 950-990k Replacement property budget: 990k - 1.1M Plan: rent out the replacement home until meeting the requirements, then move into it while renting out a portion of the home via short-term rental 

Understanding the terms, qualifications, and overall structure is crucial—after all, a loan is a loan, and knowing how to leverage it properly makes all the difference.As for Zillow, IMO, one should never use it for ARV.

You wouldnt want to do a rate/term refinance as you barely owe any money and the title/escrow fees alone would be cost prohibitive.

.✔ Potential changes in loan terms – Depending on capital market shifts, interest rates for real estate investors may become more favorable.3.

Use a written contract.

After winning the bid I had to provide 5% of the price as earnest money within 1 day of the seller countersigning the contract.

But let’s be real—people use these terms interchangeably all the time, often without realizing the distinctions.

This will provide some amazing long term appreciation!