So you can change the down easily enough if you find they actually put more down.This doesn't tell the whole story but it generally answers your question.What is left out is that when going to selling, the owner ends up spending about 8% of the value of a home on real estate agent fees, & other closing costs.So, selling a home at $120,000 costs the seller about 8% or $9,600Keep in mind that 3 different appraisers will give 3 different values and they could be 15% higher or lower than the other guy.

Hi Monte, returns are certainly better in Greensboro than Chapel Hill (meaning per square foot prices are lower in Greensboro) so if you are trying to get in the door, would suggest trying Greensboro.

However, in my experience there is a lot more competition for larger properties these days which translates to higher prices and lower returns.That may not be true in your area so I would encourage you to just review as many properties as possible and run the numbers on all of them.

Its currently occupied and the rent being charged is way lower than comparable houses in the area.

Maybe $2450 a month for a 3 month lease - month to month after and a lower rate for a year or more.

Depression, post-traumatic stress disorder, and social anxiety - the use of marijuana to treat symptoms of mental illness.

Expensive cars and their corresponding car payment is the biggest reasons Americans stay poor or lower middle class

I lost a ton of money but learned a lot.What I would have done was purchase a multi-family property to lower my living expenses and even earn income.

Rents are a little lower than other parts of town.

Madeline Graham I’m finding quite a few properties at prices lower than that.