I later learned that wasn't the case. In

Case in point, Quicken/Rocket is the largest mortgage lender in the nation and they do agency loans; only stuff they can quickly and easily sell to an investor. 

Definitely confirm this is the case IN the actual documents before making a large decision like that. 

Usually, that's the case. In

You have no case in any event until after you either lose the $75k or pay the extra $50k.

maybe an 1,800sf house is highly desirable in the area, but their have not been any available for sale recently.In reality, an 1,800sf house does not sound overbuilt for most neighborhoods, but this can be the case in larger gla's (example. 3,000sf house, in a neighborhood with mainly 1,400sf houses).Over the years, I have had properties offered to me that were significantly larger than what is typical for an area, with the Seller/s trying to push how much better those properties were, due to the superior gla.

That being the case, in the situation where your goal is to raise $500 per month to pay the note and insurance on your new car, you would need at least two properties that net 250 per month.Take the time to invest in a couple of good courses on real estate investing so that you'll know what you're looking at before you decide to buy.Good luckHassan

Case in point, I helped some clients purchase a fourplex in Jan 2020 for $440k...just sold it for $550k less than 12 months later which is ~25% gain. 

However there is no firm date since it depends on when permitting is approved (which I see is the case in several states and even locally on a few other properties that I am pursuing) 

I assume this is the case in most states.