@Joe Splitrock the house needs a lot of work and I plan on selling it to one of my buyers On a house thats 70k and needs a lot of work would u still drop 5 grand in earnest money ?

My name is Maykel and I'm located in the Rio Grande Valley of Texas.

I live in the Grand Rapids area and have been investing in real estate since 2014, if you ever have any questions feel free to reach out.

I'm thinking about houses that cost $50k to $70k because I can get my hands on a dozen grand.

Broken Bow, OK Destin, FLCape Coral, FL.Blue Ridge, GA.Phoenix Metro, AZI personally plan to own in the above mentioned areasHonorable Mentions:Hilton Head, SCMyrtle Beach, SCMassanutten, VAKillington or Southern, VT by ski areasGranby/Grand Lake, COLake Travis or Lake Granbury TXLake Havasu CityCocoa Beach, FLTraverse City, MIBlack Hills, SDIsland Park, ID

Fixer-upper but only cosmetic updating AND going to house hack it to make it a grand slam.

I would let you off that hook if you pledged some other collateral, at least to secure the seller, but I'll bet a hundred grand you can't prove you did that properly either, but there is still the deception to other lenders.

That means that I outlive it and I'm around to enjoy the fruits of my life's work and I get to watch my kids and grand children become adults.

Tallahassee, Grand Rapids, Rochester, Cheyenne, Virginia Beach.

Rinse and repeat the next time you decide to spend a few grand on someone telling you how to make mortgage payments