What are your non-negotiable factors vs nice to haves?

Are there any options with lower down payments?

Purchase price: $275,000 Cash invested: $294,000 Sale price: $355,000 Seller was behind on pay HOA payments and in risk for losing the property.

We've done demos with all of the big name PMS options and are finding big gaps with all of them, mostly when it comes to payment processing.

I wouldn't worry about the $1000 payment.

In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.

When I tried to get it when my side of the family found out and tried tp take over reverse mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.

If your loan is $110K then the payment on the 15 year would be $927/month at 6.15%; 30 year option at 6.625% would be $690.

These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.

The allocation was non pro-rata.