I am starting with little to no money down, which is why I settled for wholesale.

The mine trap in commercial real estate is huge..... i don't know how many cycle of this I've seen in my life, but 2023 ain't the biggest, it took minimum 5 years before the dust settles.

This may seem like obvious advice, but I'd say just get three or four quotes before settling. 

@Sean NavaCurrently, being a young (19) college student, I am always on the move, never settling in one location for more than a few months.

From there likely a short spike due to the market being more reserved as the policy starts to take hold and lenders opting to raise rates a bit to be on the safe side while the policy settles itself in the new economic environment.

Short sales are where the bank would realize a lesser loss settling than they would completing a foreclosure.

We don't want to do anything that will crack with settling, like ceramic tile.

No eviction protection so since you gave to settle on someone with and low 600s credit score if you have to go to court they get to charge for their time on that. 

But it IS a strategy to defend against the "Slip-n-Fall Johnny's" of the world who target those who are NOT protected, and are sitting on piles of $$$$, where it can be presented to settle because the cost to settle is less than the legal fee's to prove ones innocence. 

Quote from @Alex Thomsen: Quote from @Jason Wray: Alex,There is never a need to put that much money in earnest its usually because the seller or the builder is in a bind and need to quickly settle their debts or pay their vendors.