In January 2024 we were at the low in inventory with only 1648 homes for sale.

Because the existing house was too low the developer followed the rough location of the old sewer line and installed a new sewer line to connect to the existing house. 

I did this in the MS market and while the advantages you pointed out were true.. markets that have slow appreciation and or areas where builders can keep building for low dollar amounts like the mid west.

I've never heard the 25% thing before, but any difference between FMV and sales price would technically be considered a "gift" with potential tax implications for your parents.You can avoid most seller costs as there's no reason to use agents in this case.As an FYI: I always recommend avoiding a FHA loan, if you qualify for a low-down payment conventional loan.

@Bonnie Low Thanks Bonnie!

I am in the low 800s and don't know of any tangible benefits to be at 800+.

I have very low bills though, so I could save $12k in about a year.All the MHs I looked at were in parks.

Conversely, when property prices are low, rental demand decreases, causing rental rates to remain relatively flat or fall.How can you identify cities that are likely to have significant and sustained appreciation and rent growth?

Low down payment with potential for huge rent increase year over year making house hacking very advantageous in New Jersey.

If you already have a super low rate a cash-out ReFi doesn't help.