If you cannot cash flow well right now and a recession hits, you will lose a lot of money.

I have sufficient funds for a 20% downpayment, but am debating if it might make sense to use an FHA loan only and put 3-10% down instead to keep some funds available for seeking out future deals.Loan would probably be in the $400k range, which means3.5% = $14,00010% (MIPS for 10 years) = $40,00020% (no PMI) = $80,000Of course I'd take the 0.88% PMI hit by going FHA which really annoys me given that interest rates are rising already. 

If you want to learn more about investing in the city, just hit me up with a message and we can arrange something. 

https://finance.yahoo.com/m/0eeee8ab-b850-364e-85de-a2fc607febd3/housing-market-has-hit-a.html

They listed for 265K but i will not be offering that....i plan on offering much less but hit a road block after talking to my conventional lender because of the repairs it does need.

You can't swing a dead cat around here without hitting a Dunkins. 

Then you hit the books.Best of luckClayton

You confirmed that the best properties don't hit the open market like that.

I’ve seen some posts on using stock proceeds, without a tax hit, to invest in real estate.

Feel free to hit me up with any questions or recommendations for contractor/property management I use.