I contacted Lima one, and the same day i was issued a generic pre approval based on a bank balance and credit score alone for over $1MM, unfortunately they are not lending in IL so I will keep that option open when we are looking in other states.

I was a bit skeptical myself but think they're legit, the company recently did an event with Miami's mayor in relation to building more affordable housing in the area.

Hey Charlie, we just bought an RV park and after doing lots of demos, we are going with Res Nexus.

Though we are ready today if the right property comes along.

We are not making money on the second home so we are planning on our first deal being funded by having a colleague co-sign on a construction loan and we would then pay him a percentage of the loan amount (not sale amount) when the house sells.

For $125k - $150K you can buy two properties with $300/month positive cash flow each, making $600/month on the same money, have them managed as LTR and no hope required about market movements.If we are all here on BP are correct and interest rates will come down in the next 18-24 months, you could refi those two properties and increase cash flow even further.I even have a way to get you up to three properties for the down payment you are willing to make if you are willing to reduce cash flow a little (still remaining positive)In my opinion the ratio of rent to purchase price is not good enough in Austin to make it work, even as MTR and with 95% occupancy

He does very well- very little maintenance cost on a new build, they appraise well, and you can demand a higher rent and typically get a higher quality renter and thus less wear and tear.

I have a family of five and we are a single-income family.

We are professional buyers committed to fair and securetransactions.Who Pays Closing Costs?

We are actively buying and interested all over the mid-west.