Now owners still might sell to someone for little down if they have very,very deep pockets already.If someone has little money, okay credit, and wants zero to little down do not expect a broker or agent to put any time into that in today's environment.

- Also there's a large elevated interstate within a quarter mile as well = fairly noisy environment.

The nanny state is here to keep us safe from ourselves.What would we do without them.In this tight lending environment, this is the last thing we need.

Makes a better environment to do the rest of the work in, since now it is basically a clean and decent smelling site.

Leveraging at 75% (3:1), every 1% increase in rates will subtract 3% from your annual ROI.In an inflationary environment, there will be large volumes of renters, as even folks with clean credit won't be able to qualify for loans, and course the huge cohort of folks with ruined credit are long-term renters.

In the current lending environment, what you hear today, can change tomorrow.4 loan limit IS the current limit with Fannie, but as several posters have described, there are one or two methods around this (or more accurately, avoiding Fannie all together)

The blame I feel I have is:1- not understanding what I was geting into 2- trusting a team who abandoned me as soon as I started to ask questions3- needing a safer environment for my disabled childYes this situation is a nightmare; I can't even go back to school to finish my last few classes.

It this environment I would aim for a higher profit than that formula assumes.

As fun as they are to watch on TV, flipping/rehab projects always seemed much better suited for more experienced (and handy, which we are not) investors and healthier markets.But… this property came recommended by our agent as one that had been on the market for a while and had several price reductions, as well as requiring very few if any structural improvements.

The very basicsRegister the prperty with Maryland Dept of the Environment and get a lead certificate.Register the property with Baltimore CityFind a local property manager if you are living in PAWhat experience do you have?