That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

The current owner is letting me take over the property as a tenant as long as I pay the water bill and the mortgage payment on it and whenever I decide I can purchase property for the balance of the mortgage  they are in no hurry for me to purchase the home as long as the mortgage is paid. 

Mortgage rates at 7% 2. 25% down3. 10% of current rents budgeted for capex, monthly repairs and maintenance and property management fees. 

Cash invested: $65,000 Sale price: $97,000This property was a very early lesson learned in private mortgage financings for me.

If you find someone giving you confused looks, seek a mortgage broker that helps investors.I'm not so sure how they would calculate income from short-term rentals.  

I'm hoping to connect with some mortgage brokers in Puerto Rico who may be able to finance an investment property in Vieques. 

Duplexes are cheaper to rent and expenses are becoming difficult for the average tenant.  

We made some big changes coming to Movement Mortgage early this year and we are incredibly grateful to be thriving and loving it here at Movement.

While it's more expensive than Ohio, it's still cheaper compared to California.Additionally, consider the practicality of traveling to your investment market.

If they want their money back fast like a flip then let them flip it and you buy it as a primary residence with a conventional or fha mortgage.