Buying without title insurance isn't a beginner's game unless you are playing with money that you can afford to lose.

I have $20,000 to work with, and with 20% down that would be very tight/ not possible but I was planning on getting my parents to be equity partners with me for the deal so that I could afford it and still realize the CoC returns that the property could gain.

This has afforded us the opportunity to pay the mortgage in case we do not have a tenant after their lease is up.- I'd like to invest in an additional rental property.I'm wondering if I should sell the property in DC and use the earnings as a down payment on a better home and attempt to find another renter.

2- if not, can you afford or qualify for a loan with two houses, especially after January 10th?

Some honest, many dishonest.But I get personally frustrated when someone feels I should just give them the knowledge I have gained through those years to them for free.

People get frustrated with them because they move slower than other investment methods and a lot of people need ways to get capital so they can buy rentals which forces rentals to come later rather than sooner, but in general, starting with rentals is excellent because they teach you the fundamentals first, then you can use those to be really strong in other areas.

Yes, they are rules of thumb, but I have had significantly better success on buy and holds on my houses under $75K -- as they are much easier to abide by the 2% rule, as they are are more affordable to a broader audience.My houses above that price point are the ones that have yielded the lowest overall ROI to my portfolio over the years.It is much harder to get 2% on $200K+ houses-but they may also yield the biggest appreciation when they are sold--so perhaps that should be weighted into the formula, as well.

If she can't afford heat, what makes you think she can afford repairs?

Did you consider natural gas, since it tends to be the more affordable fuel choice?

But both, my and I and growing frustrated.