or purchase price in mind?

Hey everyone, a new development in the area where I invest, is offering a 5.99% interest rate (conventional loan) and 2% of purchase price in closing costs.

Quote from @Matt Wan: Can I purchase a property using a traditional mortgage without being physically present for any part of the process?

You can purchase 3x6 subway tile for under $2/ft.

@Olecia Williams Though it's still possible to purchase a second/vacation home with only 10% down, it may not be your best option. 

Hello Solomon,A few tips I have for you would be to first; Analyze Deals Properly – Use the 1% rule (monthly rent ≥ 1% of purchase price) and calculate cap rate, cash flow, and ROI before buying. 

This is what the assessed tax value will reset to after you purchase.  

If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.

If you are going to purchase real estate in an LLC or any entity for that matter, I recommend titling the real estate correctly from day one.

I wonder if building condos that are more affordable for people to purchase could be good.