The last house I purchased was $227,500 and we put down $85K. 

Delavan has come a LONG way recently and prices are shooting though the roof both for rents and to purchase. 

The family purchased a lakefront property in a nice area three years ago but then ran into a series of issues, and have abandoned the place because of them.They are hoping the bank allows a short sale (asking for roughly $20,000 under what is owed)Here's what's made them so unhappy:Anytime they used the laundry it was dumping into a dry well, which would back up into the house forcing them to take their laundry to a laundromat instead!!

My current purchase (closing in February) is a luxury cabin that will be an STR.  

Step 1: Get preapproved for an FHA loan for the purchase price you are looking for.Step 2: Connect with builders until you find a few that will finance the construction of your home. 

This kind of legislation discourages good investors and people who enjoy coming in and helping to stabilize communities.

Hello,I am interested in purchasing a recently renovated $195K property as a 'secondary' home for the next 4 years to use as a future LTR.

(IF you purchased and lived in property asap, then rented it out, then returned to it it sell it years later - better plan.

. $220,000 is definitely a lower purchase price amount and really limits you on what you can buy.

I can lend up to 100% of the purchase price and 100% of the rehab costs for experienced investors on 1-4 unit properties.