Quote from @Alex Ng: I’m about to purchase 10 units seller finance.

If you had good credit (670-730 range), you have 20% to make a down payment, and sufficient income to qualify for the home you want to purchase - Would you choose the FIRST-TIME HOME BUYER or CONVENTIONAL purchase option...which would you pick and WHY?

. - Investment Duration: 30days (Investment + ROI in full)- Return on Investment: 45%- Purchased Price: $150,000- Rehab Cost: $30,500- ARV: $240,000- Minimum Investment: $30,500- Maximum Investment: $30,500- End Buyer Escrow Commitment: 20%Rehab Cost BreakdownRehab Cost Breakdown1.

Purchase price: $142,500 Cash invested: $25,000 We purchased 2 adjacent, tiny rowhomes in the Northern Liberties neighborhood of Philadelphia.

Can you count purchases made by friends/family as expenses?

Purchase price: $28,500 Cash invested: $121,000 Sale price: $170,000 SINGLE FAMILY RESIDENTIAL fix and flip What made you interested in investing in this type of deal?

Quote from @David Cherkowsky: Hi All,I purchased an investment property in the middle of last year and to this point have been using 0.75*lease value in my DTI calculation.

The biggest challenge is to find one to purchase at a reasonable cost. 

While purchasing under market value is a great opportunity, stretching your budget too thin can add significant financial stress, especially during the renovation period.

Have you guys ever purchased a property without physically seeing it?