The better your credit, the more likely you'll be able to access a lower down payment option.3.

If you still have those properties and mortgages 10 years from now, rents will likely be much higher, and the value of the cash you are using to pay the mortgages will be much lower even assuming normal 2-3% a year inflation.

Ideally, it will also lower your living expenses so you can save up faster for the next investment or next house hack. 

He would try and sell that original loan to investors so they could also fund the draws but he got caught in interest rate spikes and left a lot of people high and dry as he was writing loans at lower rates and when rates spiked the loans were worth a lot less.

My only backup plan if I can't get verified funds is to assume the worst and to drop my counter offer even lower than my original due to the risk I would be taking on, and then when I do my in person inspection try and guess what rents are fair market for the empty units, and ask as many tenants as I can what they pay in rents monthly.

This will hold true in any lower cost inventory neighborhood, not a Philadelphia specific problem but resist the temptation particularly if you are not a local hands own operator.

My only 4-star review was from a guest who wrote a glowing review about the place, the host and the neighborhood- then gave us 4-star, lowering our rating.

If you’re planning to buy, will you wait for even lower rates or buy now and refi later? 

Less funds for downpayments, stretched DTI even if we offer easier access with lower entry points, and more inventory than any point since H2 '22 or pre-covid in almost every market.

First my products do not cost $7K.Second:You are willing to spend $300K+ on a crappy house hoping to fix it up by spending an other $200K on it hoping to make a $60K profit after 6 months to a year,  But the thought of spending $7K to make continuous $100K+ profits with far lower risk, with all the proof shown, evergreen forever getting you these deals for free makes you cower in fear.Silly don't you think?