Does anyone know anything about ads posted in the craigslist job section advertising, "Real Estate Investing Students Wanted: Local Flippers".

Even so, we pay extra for a yard debris bin at each of our multifamily properties for things we may want collect in-between service pickup dates. 

Looking to combine the equity in my first home along with my extra income to start building on something more than my current net worth.

PMI is a set rate, you can look it up, I believe 1.75% upfront which gets added in your loan balance, plus I think .85%/yr added to your monthly payments.

I would just ad that sometimes you need to point out the benefits of owner financing to seller like the tax is spread out over the years and he will actually get more for the propert due to interest.

The property is in a Historic District in DC, which we are told it would be extremely hard to obtain permits to convert back into a 2 unit property.We have also been told that since there isn't a second door in the front of the property anymore (which with the new laws a second door cannot be added again) and because the basement divider wall has been removed the property cannot be grandfathered into the old laws and we would have to go before a board to be approved and that this would be extremely hard to do.We agreed to buy this property based on the fact that we could convert back into 3 level 2 unit property.

I’m not saying you’re a scam but these mortgage brokers just could be extra cautious about stuff like this  It also could be some mortgage brokers are able to find some loan for most(80-90%+) of their buyers.

Just adding my two cents. 

Good agent will say all the extra costs and everything.If you get it for cheap it's best to flip it asap.Cheers !

@Mark AndrewsYou are required to first allocate the purchase price to land and the building.The amount allocated to land is non-depreciableThe amount allocated to building is depreciableYou may also make improvements to the property which can possibly be added to the basis(if not expensed).