I have 10k saved up and earn about 35k annually.

It looks like we'll have to save up 20-25% for the down payment in this case.

But I've come to the conclusion that I'd rather save a LOT of hassle and stress and pay a bit more to buy from a used appliance store where the items are tested and come with some kind of return policy.So my question to my fellow rehabbers is this: how do you feel about FB marketplace, and what's your experience been... is it a gold mine or a money pit?

Hey everyone, sorry if this has been asked many times before. I did a quick search, and found some people who said they had borrowed against their TSP for real estate investing purposes, but I was wondering if I could...

I am in the process of saving up money.

I agree, if your not familiar with an area then networking with someone who has done deals in that area can save you huge headache, and a lot of money.

We'd draw up a loan agreement and everything but it'd save a lot of time and hassle since I'm essentially the one approving the loan to myself. 

Initially, our plan was to save the cash flow until we had enough to put 30% down on our next purchase, but we learned more and went in a few different directions.

I'm not sure what your financing strategy is for your early phases, but it will save you time and money in the long run if you're familiar with all your options now.

Make sure the higher interest rate does not offset what you are saving in PMI.Also the logic of paying more interest to save taxes is nonsense.