You'll have to put a tad more money into the deal or have them control 100% of the renovation, but don't let that stop you from reaching out to get financing.

We’d love to just keep this home as our first rental property but feel stuck with the high monthly payment due to the 15yr mortgage and the home needing some renovations in the next few years. 

**Portfolio Lenders**: Some portfolio lenders, who hold loans in-house instead of selling them on the secondary market, may be more willing to work with unique situations like yours.6.

I'm talking about buying with cash, pulling out cash from one house to purchase the next vs cash for down payment and getting traditional loan.

Typically I've seen about $500-$800 annually in repairs per house per year so that can be viewed as a benchmark.

I'm new to Bigger Pockets and looking to buy my first house/multi.

So, I tried to help the situation by getting a contractor to go replace the floor and remodel the bathroom so that the house is nicer for her.

Discrepancies typically are wifi passwords and smart lock codes but they can be anything, like checkout instructions or the color of the house.

Most buyers do not have this large of a down payment and thus this is why my market is slowing.To make housing affordable again, one of several things needs to happen.

Investment Info:
Single-family residence buy & hold investment.

Purchase price: $230,000

Cash invested: $70,000

Put 20% down on my first property, I lived there for a year while adding two bedr...