Risk that the IRS will challenge it, which is far more likely than with a full-service professional report3.

I figured this could possibly put me in a good position for a cash-out refinance when I’m ready to move on to a second property.If I stick within my budget, Philadelphia seems to offer the most housing availability, but I’m concerned about most houses available being in rougher neighborhoods.

They offer weekly training sessions on everything from investing and construction to vendor management, cash management, market analysis, and home underwriting.

Purchase price: $145,000 Cash invested: $60,000 Finding a move-in-ready home that offers modern upgrades and country charm can be challenging—but this fully renovated 4-5 bedroom, 2-bathroom ranch is the perfect solution.

Risks: rates go down and you have to pay a prepay of 2 or 3 %; you have to sell and pay the prepay; rents decline & you can't make the payment like any other type of loan; cost upfront a little more than conventional; need to find experienced broker licensed in the state where subject property sits; servicers are bulldogs. 

I suggest using a service like Mayistay.

I use the fix and flip tab and it's great it tells me my allowable offer and all the tools are helpful!

Every buyer wants some way to determine if they are being offered a fair deal.

Anyone still in this area or are offering a partnership?

Instead of discussing the possibility of owner finance with sellers - what if I offered the opportunity to  JV where they are the equity partner?