PITI is 904 a month.They are so much more affordable than SFH in a comparable part of my town.Thanks for your thoughts.Kelli

It's so frustrating and I've often wondered what would happen if we put an offer in not disclosing we were investors (Granted, I would NOT do that), just was curious if there were huge penalties or fines if one got caught.

What I like about Habitat is the owner has to WORK and make affordable payments = GREAT PROGRAM.

I understand why they do this and of course it probably helps to get owner/occupants in the houses but boy is it frustrating for investors like myself and unfortunately I don't see away around it.

Not get one, and just keep saving up till you can afford a traditional loan or cash, which for me would take years.And this is just a thought, but I think the buy and hold strategy is for more financially established investors and fix and flip is the more obtainable goal with low cash reserves.But I'm personally curious as to why you don't want an HML as that's the route I'm going down for my first and probably second and third flip...But maybe there is another way, let's see. :)

So to make a profit without margins I can only afford to pay 60,000 if I have a rent of 800.

I'll add a picture shortly.As far as your question goes, I've been focused on SFHs in more affordable markets.

Honestly, I've never had the time & when I did, I was out of work and couldn't afford to go.

You'll be competing with buyers who can afford and expect to pay the going rates for SFHs.

I would be doing traditional financing on the property which would not be a problem given my current job, affordability wise.Do I seem way off on my eval at 105-110?