I am considering purchasing in Lower Dimond and any of the directly adjacent neighborhoods.

This allowed me, for example, to purchase an automotive repair facility with an environmental issue thru BK court for $115,000, remediated to issue for $2,000, and sell the property for $325,000.  

Purchase price: $325,000 Cash invested: $2,485 Long term investment.Hey @Kevin Gamboa.

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

Purchase price: $184,000 Cash invested: $92,000 This is an international investment in Split, Croatia NOT Santa Barbara, California.

These products allow you to purchase a home that may need some work and roll the renovation costs into your mortgage. 

My wife and I have an opportunity to purchase a property in South Lake Tahoe from her father.

Mortgage Balance: $430,000 Monthly Mortgage Payment: $3,100 Current Rent: $4,100/month (below market rate, planning to gradually adjust it during yearly renewal to eventually catch up to the market rate) Appraised Value: $900,000 (purchased for $657,000 8 yrs ago) Managed by a property manager Loan assumableProperty B: Located in VA.

@Jason Khoury I purchased my current residence, a duplex, from a local non-profit about 5 years ago.

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?