Very well maintained and in really great shape.The other two units is owned by a resident whom lives there, and takes care of all the maintenance.All of the maintenance (snow, lawn, common elec, water sewer) is covered by an HOA fee of about $250 per unit.I've discovered that this is an unwarrented property, and there for I wouldn't be able to get typical funding, and would have to look to a private bank or credit union at a higher rate.Basically, If I do move forward with this property.

I'm very excited about getting started in REI after studying and being on bigger pockets for a solid 4 years.

I am also a college student studying REI on the side and have made tremendous connections with people actively flipping houses from the forums and local REI meetings.

I am now in the process of the cash out refi process and ready to go after the next one.Unfortunately, I used up a lot of my funds on the first and don't have enough to cover another cash purchase in the area I buy.I market like a wholesaler but I intend to keep the properties I am aiming for myself due to the knowledge I am gaining in this particular area I focus on.So to keep my itchy finger at bay, I have started to study other areas surrounding me to start some true wholesale marketing to sell to other investors.I read and study all I can but it is no where close to adventure of dealing with a physical property.

I don't have much experience but have been doing a lot of reading and studying.

Since I am still stuck at home and not working, I spend about 10 hours a day (7 days a week) studying real estate.  

My name is Chase and I am a college student studying finance at Michigan State University.

I came into REI with the intention of buy and hold but have discovered that being a landlord is not my passion.  

Looking forward to discovering RE investing and setting up some passive income.  

If you try and hide it, you risk one of the last minute (ie, after all contingencies have been released) fraud checks discovering it, killing the deal at the last minute (possibly losing earnest money).But secured borrowed funds can be used for down payment and cash to close, assuming DTI still works.