However, weighing your options and performing due diligence carefully based on your specific circumstances, the property's potential, and your long-term goals.

Which will put it more in line with what we were expecting (and what our financial projections are based off of).

I am friends with scranton based wholesalers and they pass deals to me frequently which I send to my client base.

They apply with us and we either accept or deny them based on their track record and diligence.

There’s probably a legal notice period for that too, based on your market. 

The information shared is based on my experience and industry knowledge and should not be considered legal, financial, or investment advice.

Based on your down payment budget ($40k-$60k), at 25% down, you’ll be looking at properties in the $160K-$240K price range.

Hi Zhenyang It sounds like you are looking to determine which kind of loan will allow you to afford a higher price point based on a $1.5 Mil down payment? 

Sometimes, unseen issues (like major repairs) end up costing more than the discount you negotiated.Final Thoughts•If there are no major rental restrictions, and the numbers work based on rental comps, this could be a great first investment.

Quote from @Darrius Lloyd: Hello everyone,My name is Darrius Lloyd, and I'm a 23-year-old aspiring real estate investor based in Northern Virginia.