To cover all costs outside piti?  

From there I accepted and negotiated to have the seller cover the cost of replacing the roof.

And no partner bank was willing to finance based on projections and a turnaround story, even though we had an SBA pre-qual.In the end we made the case to the sellers that no buyer would be able to obtain financing and got them to agree to 85% LTV seller financing.Happy to answer more in-depth questions via DM. 

Hey Natalie if you're set on holding onto the property I have a great property manager I use for my STR's that also will cover MTR and LTR's.

It can still qualify if it's a fixer-upper, as long as the rental income from the property can cover the debt service.

The one time I tried buying an existing property on tribal land, the land didn't come with it.

I didn’t have a pre-approval amount per se, I just knew that I didn’t have to worry about funding for anything under maybe half a million and my typical purchase and rehab was in the 150 to 250 range.

Quote from @Melanie Baldridge: Why I like investing in real estate more than 401(k)s.Both offer tax deferrals, but here's the difference:If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.With real estate gains, you're paying capital gains tax (which is typically lower).Plus, RE investors get:1.

That leaves $400 to cover taxes, maintenance, vacancies, etc.Now, let's pretend ALL your expenses come to $2,600 and you have $400 left over.

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