makes sense. so i actually did a 2-1 buydown FHA, i have a 800 credit score and locked in a 5.875% in today's market which is pretty damn good IMO... so the first year ill be at a 3.875% with about a $2350 monthly payment including prop tax/pmi/morg insurance/home owners insurance. lease is locked in for a year at $1400 a month which makes me only have to pocket roughly $1000. the way i see it, its cheaper than rent or mortgages in today's world!...

Check out this bigger pockets link below for that question. https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide

I have been listening to Bigger Pockets podcast for a couple of months now and I am learning so much but still in the beginning stages of learning how to jump in to real estate investing.

I am very disappointed that I am not longer able to perform tHe tasks I have been able to do unless I pay twice as much as paying before for their premium version, which is now from 13.99 to 23.99The price change seems unreasonable, so I will switch back to use the bigger pockets tools, which price is more reasonable.

Bigger Pockets sent out an alternative investment article which included ATM investments as a suggestion. 

There are also a lot of agents who tend to get pocket listings or know before a property hits MLS. 

I believe there is no better place  than Bigger Pockets to find the most expertise.

Your loan costs will come out of those proceeds, so you may want to bump it up slightly higher unless you want to cover those costs out of pocket at closing. 

@Spencer Harootunian Cool, welcome to Bigger Pockets!!

@Mike FigueroaI’m 54 and have scaled up by pulling equity out of what I’ve got (with cash out refis) so the new properties didn’t cost me anything out of pocket.