Sales desc: Rustic 1940s northern NM style home with lots of natural wood, thick walls and originality!

Sales desc: Rustic 1940s northern NM style home with lots of natural wood, thick walls and originality!

If I can avoid cost inferences by waiting 4-6 months and paying the down payment of 20-30% (assuming that a 3-5% downpayment style is not available due to not living in the home) then that is what I will have to do.In regards to the "hard money" lenders, what turn around did they require on their money?

Building previously “black-listed”, deemed “too tired”, and obsolete by the brokerage and tenant community.Through strategic sourcing, we completed a high-style “creative” office design for nearly ½ the cost of competitive landlords.

(The invoice is for $4,500, so not chump change.)

We have been managing the property ourselves for 3 years and have decide that we would like to continue to grow with this style of investment.

It boasts of a townhome-style, with each unit having its own 1-car garage.

It boasts of a townhome-style, with each unit having its own 1-car garage.

See what your budget gets you in each market, if it were me I'd probably go with the bigger city for more long term growth, but that is just my style.

Its kinda of different topic, but go find your new favorite bank lender, mortgage lender, or a mortgage broker.It will take more information and potentially your personally investing style to figure out whether you should use a hard money loan or a conventional loan.