Finally, if they say yes what type of interest rate is good for this type of loan- 5-6%?

Finally locked in a rate for the first property, 1,850 condo - 3bed/2bath @ 101k 25%down for 15 year loan. 560 Principal and Interest.

This information is invaluable.I do agree with you the final decision to purchase needs to be based on actual costs and reasonable estimates.

Spent today finalizing trading up to a 37' Powerboat.

I'm currently working with local community banks to continue funding new acquisitions.

I've finally completed my move from GA to TX and now I'm looking to network and find some good people in the central Texas area.

We have all seen what happens when one gets caught-up in the hype.This is purely anecdotal, but I wonder if we could be seeing a return to the reckless investor mentality of the early 2000s...There is a house across from me that became an REO some time ago and sat on the market (I didn't make an offer because that would have been too close for comfort for me in terms of having tenants there).Finally I saw some people moving in there the other day.

@J Scott Wow, that's a lot of acquisitions.

The tenant was later and later and finally bugged out.

OK, I think I'm finally ready to look at flipping to owner occupants, and was curious how many of you active flippers use a designer for ideas on what to do with the house.