Quote from @Katie Camargo: I'm just starting out as an investor (about to close on our 2nd investment property - this one is in Virginia and our other property is in North Carolina). 

Hey Account Closed, On a previous post in the house hacking forums I did a numbers breakdown of my house hack.

., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.

You need physical office space to conduct closings and handle paperwork2.

.* Our agents met and we learned that the lowest they'd go was $510 because of a HELOC* We offered $520K with $10K seller credit to be used for closing costs.

I'm paid much more slowly, since I only receive the difference between the two lease agreements on a monthly basis - but then I also receive the difference between the two purchase agreements when they close.

These can be further broken down into lender closing costs and third party closing costs.Thelender closing costs can include underwriting fee, processing fee, funding fee, origination fee, credit report fee, and tax service fee among others.

We ultimately agreed on $47,000.We closed the deal in just 10 days and resold the property for $85,000 shortly after.

As an owner-occupier, you can pay more than an investor would, but as I said above, you are going to be a little hamstrung in return rents unless you can get 3 other units and then that is a do you want to live with three tenants that close when you have two kids.Find some local real estate investor meetups in the area and you will meet a lot of house hackers who can tell you their stories.

Hi all, I came across this older post about Capella Mortgage and thought the following would be helpful for any members considering investing with Capella based on experiences of people I closely know.