You can sometimes get above market rates because you have an audience that *must* have housing, and let's face it students are not always the most forward looking people as they are still learning, and you will have kids show up day 1 without a place to live scrambling for a place. 

I'd be wiped out and would have to scramble to sell off possesions, sell stocks, etc to make ends meet.

Put me into scramble mode, had to get creative, got it closed, aggressively paid down principle for a few months, then refi-ed into traditional 30-yr note.

The seller’s agent scrambled to make a deal, asking us to come up a little, which we cautiously obliged and resubmitted the short sale application for a lower payoff amount.

The pickin's are slim lately and everyone is scrambling for viable properties.

But if I put too much money and the bank does call it due I would be the one scrambling after putting money.I am trying to see if I can work out some other type of deal , pmts every month instead of any chunks upfront to minimize my risk.

I just had a roommate who got engaged and is now moving out as of Jan 1 so now I am scrambling to find a replacement roommate that will gel with the existing roomamtes.When it's good and nobody moves and roommates get along it's great but when someone moves it can be a real PITA and I sometimes think if I am better off renting to a family which will get my less hassle longer term stays but less monthly income.Chris

Now I am back to square one scrambling to get a true value on a house.Originally posted by J Scott:Originally posted by Antonio Bodley:The agent just told me she cannot get information on the property because it is not listed.

If you have enough of your own money to comfortably handle any problems that may arise, not get cut short and be scrambling for money in a few months when you might be over budget, I'd use my own money, but factor the huge origination and monthly interest that you'd pay for hard money when figuring out total costs, sort of pay yourself the savings somehow like put some of it into a retirement account (or vacation fund!).

As a novice to RE investing, this is a very important concept for me to understand, especially as I await for my first of many offers on the table to be accepted - at which point I will be scrambling to fund.