Personally, I wouldn’t invest in a market where appreciation averages only 2%.

In this case, your monthly payment with 20% down will have a good MARKET rate if your DTI works with a much lower month payment and no mortgage insurance(MI).

His family made their money with W2s and the stock market.

I’ve been bouncing back and forth between markets like Chattanooga with higher appreciation, and markets like Birmingham with more cash flow.

They make their money off of real estate agents, but real estate agents are the worst people to make money off because they are highly unreliable and in and out of the business when the market changes.Their target should be the consumer with higher levels that they can subscribe too for data, since Zillow is linked to the MLS now which makes their data somewhere more reliable.

If the stock market goes on a roller coaster ride you have no control.

Suzanne, This is impressive - love to see deals being made in my local market.

Study the market.

the guy said they have been in the market for 6 years..Hello Mr.

If the offer price is too good to be true you may be dealing with an inexperienced wholesaler who doesn't know the market.