are you saying you're approaching listing agents directly?

Check current mortgage rates as a reference.

View report*This link comes directly from our calculators, based on information input by the member who posted.

And, for those people who have more time than money, they can put in sweat equity into directly owned real estate.

However, I've recently come across articles discussing the potential benefits of lower down payments in certain situations.Given the current real estate market conditions, what are the critical factors to consider when deciding between a high or low down payment for an investment property?

However, these areas tend to sacrifice appreciation potential.Parts of the Kansas City metro are currently experiencing significant investment from major corporations.

Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule:The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 50% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information:Ø Signed Draw Request by borrower and contractorØ Signed All Bills Paid AffidavitØ GMG review and approve the draw request and will release funds for disbursementØ A check will be issued in the name of the borrower and contractor and delivered to borrower via USPSØ An inspection of work to date will be performed at 50% completeFinal Draw Information:Ø Signed Draw RequestØ Final inspection/Completion Certificate will be required for release of final fundsØ A Title Update showing property free from lien or encumbranceØ General Contractor’s Lien Waiver AffidavitØ Affidavit of Completion GR will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns:Changes to the initial plan are not permitted unless prior approval by Guaranteed Rate.

From what I understand so far, the bank will place the first bid at what the current owners still owe (the 58k).  

This bodes well for all current STR operators in the region, as well as hopeful investors moving forward. 

I currently own a home in Hawaii, unfortunately my family and I are moving and we want to make the correct choice.