How many mortgage lenders have you spoken with to get qualified and discuss allowable down payment options?

I live in the Washington DC area..the HOA/condo fees are pretty reasonable and the insurance doesn’t have the embedded risk as Florida (I don’t believe)

My former boss and I have discussed partnering on flips.

Explore WholesalingNo need to own or live in the property: Wholesaling involves finding deeply discounted properties and assigning the contract to another buyer for a fee.

Fees can be sneaky—markups on maintenance, random charges for inspections, lease renewals, etc.

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Because a large percentage of the charges are base fees that do not change based on use!

In that process, I got my real estate license to buy the house and save on fees. 

Some of these strategies (though not all, and possibly not the most profitable) are the subject of constant discussion on BP.