Across the street, a foreclosure which is like the backyard cottage pre-rehab sold for $40k. 

They always send pictures pre-rehab and say it will be done with the purchase price.

@Geoffrey Paugam- agreed ...if you are  needing to use financing to purchase - make sure to have a full loan pre approval in place  before searching / offering for a new place . 

I am 29, single, employed, have ample savings, a full VA loan, and am pre approved for 550k, and looking within an hour of the dc metro area, ideally Harford county MD due to the good schools and military bases near by. 

Pre Payment penalties are standard of 3-5 years, and can usually be eliminated completely for an increase in the interest rate of 1.5-2%+/-.

You can do a DSCR with less then 12 months seasoning but you have seen the negatives with those loans which include higher costs/rates and pre-payment penalties. 

I did my pre-licensing classes online through TravTALKS, he is an extraordinary teacher and NC native in the Triangle area.

These are currently in the pre-comment stage with the deadline for pre-comment being 07/12/2024.

When I self-managed properties, I would pre-vet people (ask them questions and review the requirements), so only (very) qualified people applied. 

Sellers are responsive to mortgage rate declines and lower rates could further boost listings later this year. 
On the Oregon Coast we have experienced a similar rise in real estate investment options. Some smaller c...