Strategies might also include, get the seller to buy down your rate, find a less expensive property, analyze more properties, look out of the LA area, or even out of state.

Is it better to do a smaller down payment compared to 20% to save on interest rates and then take a lump sum to recast the mortgage?

Is today's market and interest rates worth me utilizing an FHA loan for what some people have referred to as "house hacking" and beginning an investor path that way?

They average to about $60-70/mo of expense that I would not have had, assuming a market rate tenant would have stayed the same period of time.

In fact, I would be extremely interested to know what the conversion rate is of this criteria.

Do PM's typically take $ of the top of repairs after they have negotiated lower rates?

Make sure to compare the costs and benefits of using your HELOC versus keeping it as a reserve for unexpected expenses.Market Conditions: Research the Dallas and suburb markets to understand demand, rental rates, and appreciation potential for both 4-plexes and duplexes.

Look at rental rates in the area to get an idea of what you could reasonably charge.

Project like this is a year at least right. cost to sell and carrying costs land at todays HM rate 12 % thats 120k commish                                       200k so maybe net 750K or you think you accounted for those in the  2 million ?

I only heard about Partner Driven last year and so far so good 👍🏼 As a licensed REALTOR and loan officer, I knew the traditional buyer pool was going to shrink due to the looming interest rate hikes.