When you allow users to delete their own posts, you disrupt the flow of conversations.This is an OPEN forum, not just a closed network like Facebook.

I am very familiar with investing in your backyard, and am down there several times a week, and let me tell you, you are close to some great opportunities!

A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.The downside of using FHA or a FHA 203k is you will need to live there, for a minimum of one year (to satisfy FHA Requirements); AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC.

I am trying to get home owners insurance before my close date Feb 25, and it's been a nightmare.

Sorry you’re dealing with this—it’s a good reminder to double-check zoning before closing, even when it seems straightforward.

For example, my client just closed a 3/2 single family house for $160k that was already rented at $1900/month and near turnkey and in a super desirable residential area.

Would you rather set it and forget it and not need to refi again or rather take advantage of low/no closing costs on this loan and plan to be more aggressive on your rate at the time of your refi?

There are a lot of affordable properties in Knoxville, but the growth isn't terribly vibrant and the deman isn't what you'd expect for a city of that size and that close to the Smokies - you're mostly looking at college rentals for the meat of the move season, and the SF market, while it exists, doesn't really compare to Chattanooga. 

Originally posted by @Justen Rider:Mark Matos, you said you closed a loan with them but later said you canceled before closing because they tacked on tons of fees before closing.

You would need to close with the loan in your name, then quitclaim it into your LLC.