Understand Closing Costs: Be prepared for closing costs, which can be 2-5% of the purchase price.7.

The buyer makes payments to the seller, who in turn continues making payments on the original loan.Structure: The new loan is typically for the full purchase price, minus any down payment.

Purchased a home in Oakland in late 2022 which had a non-permitted garage-converted detached ADU in the backyard.

The numbers they provided for Philly were an average purchase of 104k with a sale at 248k, with Montco at 225k purchase and 424k sale price. 

This will help you make informed decisions about future investments and optimize your portfolio.Scale your investments: As you gain experience and confidence in real estate investing, consider scaling your investments by purchasing larger properties or expanding into different markets.By following these steps and staying disciplined in your approach, you can successfully invest in real estate and build a profitable portfolio as a software engineer.

Purchase price: $150,000 Cash invested: $75,000 Sale price: $332,500 Don't miss this Freedman's cottage built in the Roaring Twenties.

I am not a local and I am interested in purchasing my first property.

I don't know anything about the deal but after reading your post I googled the company and found a press release from Nov 2021 announcing that they had purchased The Aubrey.  

But it had a third illegal unit that was there when he purchased it.

I am interested in and focused on mid-term rentals and am looking to invest in other markets outside of my current location mainly due to high purchase prices.