And super low inventory means no discounts, even for properties in rough shape.

Policy Loan rates are pretty low right now... but it depends on the company too.You can try Integrity Bank and Trust in Colorado Springs.

My main concern now is the unfinished porch.I'm receiving bids that are all over the map: some are as low as $1,300 for labor, while others range from $4,000 to $10,000.

I think now would be a good time for me to invest because I don't have any debt at the moment, a decent amount of money saved up, good credit score, and I have access to VA loan benefits where I could get a very low down payment.

If the property doesn't meet the DSCR or the value basedon the market cap rate, your down payment will increase to bring up the DSCR orclose the gap to cap-rate value.Challenges/Lessons Learned: Just becauseyou can buy a property with a CMHC insured loan doesn't mean it is a good deal.We've seen a lot of investors agree to pay too much for the properties, and getshocked with a big down payment and low cashflow due to the low DSCRrequirements.

The house has been through two hurricanes now with no damage or flooding, so it is pretty low risk from that standpoint.

I have friends invested in all different parts of Philly, most with good to great success (good prices, low taxes), but you really have to do A LOT of due diligence and I would not be buying from a wholesaler or a company like New Western if you are new.

If my partner was willing to move I would rinse and repeat every 12-15 months with low down payment loans.

The $30 background fee is low compared to some in Maryland.

I would not, however, bet on shipping rates staying this low over the long term.They have all the plumbing and electrical built into a centerpiece.This the sort of problem you'll face.