Our close friends here have a home worth approximately $350,000 (in Panama, they adopted US currency as their currency, so all values are USD/Panamanian).

Also, if the sponsor is new, I am fine with less skin in the game as long as it is significant to their net worth.

My problem with it is if I tell the broker my offer is 1 million, the price is fixed in the seller's mind that he or she is getting 1 million based on whatever knowledge you know.If you get the financials after you put in your offer only to find out that the property is worth $750,000, much harder to reason with the seller.I want to test drive the car before I put in a serious offer.

Remember, FHA loans, whether standard or 203(k) are only given to borrowers that intend to make the property they are buying their primary residence.   

It's worth doing if you are buying at the right price, just don't get in over your head and lose money. 

You’re probably thinking, I don’t know this person so why should I get involved… just remember that we’d both be in the same boat, we both have to trust and respect one another, but read to the end, and learn more about me.I was born and raised in San Jose, California by my beautiful, wickedly smart and fiercely independent single mother.

The important thing to remember is that LLCs can employ staff members and pay payroll taxes in accordance with that.

Is it even worth $500k?

This might be a good fit for your client and something worth exploring.

Winston's in City schools that are worth mentioning are Wake Forest University, and Forsyth Tech Community College. 8,789 Enrolled Students at Wake Forest as of 2020 with a 91.6% full time student rate, Forsyth Tech is putting up 7,587 Enrolled Students with a 35.7% full time student rate.