I have seen up to 1.5% or even a pinch higher.

And I didn't get to the part about  getting by on that income (IMO, no, you'll feel pinched.

Even if I was in a pinch and had to sell it for 110,000, that's still nearly $30k, minus some closing costs.Maybe I am missing something.

Other than that, see if you can pinch pennies for a few months to save enough to do it.

. $10,000), but I think we all know that the wealthier you get the more pull there is to pinch pennies because it was a thriftiness that earned you all that money in the first place, and also the competition you face from peers or even one's own perceptions about goals/bottom line.

Don't try to pinch pennies by ignoring this valuable member of your team.

My only thought was with the 30yr, you aren't building equity, (I was thinking if you get in a pinch it would be tough to sell BUT you said you put 25% down so that should solve or at least buffer that problem).

Using credit cards *can* work and experienced investors do it in a pinch but they have the experience to know the risks and minimize them.

Maybe it’s the penny-pinching ambitions in me.

Steve: Since you are familiar with the area would you recommend that I try to start finding property first or should I network with some investors so as not to put myself into a pinch?