If you have not already purchased this policy, I would look for a policy that provided a stated amount deductible for wind/hail vs. a % deductible.

This would be my second purchase in the Pittsburg area.

Now you schedule your purchasing closing assuming the balance on the mortgage is equal to or less then the as-is value. - NOW the seller has to be willing and able to move out before your closing date.  

The total value (purchase price + improvements) must meet or exceed the relinquished property’s value to defer all taxes.

I started my real estate adventure by purchasing 2 single family houses in Oklahoma with 2 cousins, mistake #1.

I have a very nice friend who wants to lend me money to purchase a property with no interest.Will I have to pay taxes on the private money loan?

Quote from @Jasmine Thermitus: Hello Everyone,I recently moved from Boston to North Providence and purchased my first property.

Almost an impossible way to “get started” as you’re going to need full purchase price in cash on hand or a HML willing to instantly fund you. 

I would, If in this position, take the equity in the form of a HELOC and purchase a cash flowing asset that would not only pay for itself but pay for the cost of the money while putting cash into my bank account each month. 

Right now, I’m seeing max LTVs closer to 80% on purchases, though before COVID, we sometimes went up to 85%.Also, keep an eye out for lenders who promise amazing terms but demand large commitment fees upfront.