Aly,I'll tell you why in 5 words - real estate people are cheap.

Lots of cheap houses, lots of businesses (high-tech and retail) moving into the area and not a lot of investors.

But, in addition to the interest you pay (not cheap) he gets five points every year you have the line.

Starting a wholesale business can be relatively inexpensive depending on how you are doing things.If you are using cheap marketing, and structuring your deals to put no money down, then you can get away with low money.

However it is cheap and has high cash flow for a reason- not everyone has the stomach or cajones to do business in these areas.

Each program is separate(one for buyers and one for sellers), and they aren't cheap.

Insurance is cheap, taxes EXPENSIVE.

I am currently looking for my first investment property in the dc area(cheap areas in prince georges county) where I plan to buy and hold.I am interested in a particular home, however I'm not sure it's value.

I think they're all over the US.I'm not sure if you're just trying to avoid the PMI, but the 3.5% down on FHA for a rental property (and a big chunk of cheap, 30-yr money) is the best deal out there if you ask me.

Almost as cheap and will last a lot longer under normal circumstances.