Of course, there's a lot more to it than I put in this paragraph, but I hope it helps with general parameters. 

Hope this helps, best of luck!

It’s crucial to ensure that your cash reserves can cover not only the mortgage but also unexpected expenses during the remodel.The 30% housing rule is a helpful guideline to avoid overextending yourself, and ideally, you should be comfortable with your monthly housing costs even without rental income.

For this I’ve taken the payment amount of the second loan and included it as an additional monthly expense.

who can help you analyze deals and guide you through the process.

This allows me to tune pricing after spotting trends. 

I'm glad you shared this. 

My weekly podcasts will also help you get a better feel of our market and then might help you learn our market quicker and with more data. 

This is what the assessed tax value will reset to after you purchase.  

Understanding these differences can help buyers make the right choice.