These newbies don’t realize the reason many got in trouble 15 years ago was 100% financing and real estate prices dropped and these loans were to unqualified peopleBasically this is the same thing as these people are not qualified to own a home but paid $10k on some course that most likely sells a lifestyle and some fairytale scenario that occurs once in a blue moon.

I'm in the position to apply(depending on lender DTI requirement) for conventional financing through the builder at <6% interest rate in this current market.

Insurance quotes are coming in anywhere from 3500 to 4500 per Year and interest rates are sitting @%7.1. 

Ahhh.... because it's a reasonable question for reasons that are self-evident, i.e. we want to know success rate of program.

I won't comment on whether its 'worth' it or not, however one thing I've learned and will share with you since you are new, is to be careful of homes that have low rent rates because maintenance costs tend to be disproportionately big.It costs just as much to replace an HVAC for a house that rents for 2k/mo, as it does to replace an HVAC on an 800/mo house. 

This is in Arizona and if I wait for it to be complete, there's a chance if she somehow wins the case (or if it gets dropped for any reason) that the record will be removed from public records.

I did keep the EMD from the 2nd buyer -- I had to write a letter and drop it off at the title company because my agent didn't do it and I got a certified letter that they were going to release it back to the buyer if they didn't get written notice from me. 

We would then rent the back unit for market rates and keep the tenant in the 1b/1ba unit. 

Probably worth about 260k)Down payment: $100,000Interest rate: 6.75% (option to raise rate in 3 years but not down)Loan Term: 30 yearsBuyers monthly payments:  $1,394.49When I crunch this into Chat GPT is says I am getting a 271.87% ROI.

Hello,I'm doing research into how the federal funds rate affects mortgage rates.