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Was hoping to get at least 115k based off what comps were.

Based on the numbers seems like it was a straight forward conventional loan...any challenges?

Value is based on each individual and they will need to determine if they think there is any value.

Based on some of the research done, I am inclined towards starting out with a small multi family investment property (2-4 multi family home).

I'm based in Powder Springs, Ga.I've always heard about real estate passively but it always went over my head and seemed beyond my reach. 

Reaching out to the community to make sure I'm not off base here to immediately think to decline this offer.  

@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow. 

Being based in Austin, you’re in one of the most dynamic markets out there, which gives you a fantastic foundation to build on!

Regarding the location of the Qualified Intermediary (QI), it doesn't matter whether they are based in New Jersey, Florida, or elsewhere.