So I think they will drive labor expenses lower, certainly, but for the purpose of maximizing profit for the house builders who own the machines.  

Hi Leena, Do you intend on occupying the property within 30 days of closing? 

Based on my analysis, the recommended Purchase price is coming up way lower than the asking price.

You put 20-25% down plus closing costs - that's 35-45K. 

Successful fisherman know that 90% of their time and effort goes into planning and keeping equipment ready to perform and not actually hooking or reeling in the catch..often closing on a popular or active vacation rental (often in a competitive market) happens along the same lines (no pun intended).

The Washington Post calls this announcement “poised to be part of President Biden’s closing argument that he is addressing pocketbook issues.”

Honestly no, margins generally get even worse at lower price points, not trying to be a dream killer, I just know so many agents just make crap up or just haven’t flipped so they don’t understand the numbers involved, it’s near impossible to find anything I do a few hours a day everyday in 15 counties looking for deals on the mls, through wholesalers etc & I haven’t bought anything in over two years.

On your $3mm loan guesstimate, that is probably around $600,000+ cash to close if not more in today's market.  

You can also secure a first home loan against the new purchase and a second against the current rental as a simultaneous closing for a higher LTV. 

Every morning I was close to signing up to get a computer science degree.