Wife and I are both self-employed so acquiring a traditional mortgage is challenging based on our "on paper" income.

Value is based on each individual and they will need to determine if they think there is any value.

Based on my research, I will need a builders' policy.

Based on the conversation I decided to send a "AdobeSign".

Is the portal a downloaded application or is it a web portal?

As an invetsment-friendly agent (based out of Houston, TX), I’ve seen how the right professional will help you analyze cash flow, manage comforatble contractor bids, and even drive for dollars if you want a broader look at potential comps or deals in the neighborhood.

Unless you find some more fees to reduce that to $370 you will be exposed to tax on the $10k difference so just a couple thousand there.The extra $30k of depreciation will get rationed out based on the purchase prices of your two properties.

However, a common benchmark is aiming for at least 6-8% cash-on-cash return based on your total investment (purchase price + rehab + closing costs).Always factor in appreciation potential, tax benefits, and personal risk tolerance.

Hi Samir, I'm based in Texas myself.

It would take 4 years to save another $100k before I could make another purchase based solely on the cashflow.