Bottom line is they will want to see that you have 20-30% of the total loan amount in liquid assets, or convertible to cash.

i am looking at pair of quad plex units on the same property.they are asking $330,000 for the pairthe first chart is off the sellers numbers                                       MonthlyAnnualIncome:$4,500.00$54,000.00Vacancy (10%):$450.00$5,400.00Management Fee (9%):$405.00$4,860.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,666.67$20,000.00Other Cost:$375.00$4,500.00Cash Flow:$911.67$10,940.00Net Operating Income (NOI):$952.17$11,426.00 i adjusted the number and added mortgage payment                                     MonthlyAnnualIncome:$4,500.00$54,000.00Mortgage Pay:$1,409.16$16,909.88Vacancy (10%):$450.00$5,400.00Management Fee (10%):$450.00$5,400.00Property Tax:$483.33$5,800.00Total Insurance:$208.33$2,500.00Maintenance Cost:$1,250.00$15,000.00Other Cost:$416.67$5,000.00Cash Flow:$-167.49$-2,009.88Net Operating Income (NOI):$1,286.67$15,440.00 i over figured vacancy to cover one unit empty per month.other cash flow covers trash and waterthere are a total of 9 units. i know i am problem not giving you enough infothis would be my first investment property and i am a little gun shy of the deal

They could have expressed interest however that could be 10 years out.On the idea of the government selling you the property - it is a possibility but I imagine the building would need to be demolished or totally renovated to make it usable for the general public. 

($15,000 is not the total, but I'm a person who prefers to have a financial fission of 3-6months.)

I have both a Roth IRA and a Roth 401(k), to which I've made about $60k in total contributions. 

I have the same format and I am finishing my attic this winter/spring.My thinking is that my property should appraise for more than this comp which would give me somewhere between 14-18% total equity.I could pay down the difference and hit 20% and refinance to get rid of PMI which justifies the higher interest rate.

Hello BP communityI am a budding real estate investor with some experience in SFH (total of 3) for the past 12 years that I currently manage from out of state.

The course cost me a total of $750.

Total investment needs to be 65% ARV and less than 10,000 our of pocket.

I currently have 2 credit cards with a total limit of $2,700 and a 716 TransUnion and 700 Equifax credit score on credit karma, but I feel like I will still get overlooked (I am planning on using the BRRR method to grow my assets.)