This increased the required household income to purchase the median-priced home by $6,400, to $119,700, after also accounting for the cost of tax and insurance.

Working on the rest.We rank them by Class A, B, C & D.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, we recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

That is the equivalent of me purchasing a hammer and tape measure and calling myself a contractor. 

The first purchase is the hardest.

Hello everyone,I'm seeking advice on coordinating a rental for a property I recently purchased in the 48602 area.

Yeah there isn’t a forem for foreclosures, but as this is being purchased for cash it is a brrrr too.

I am worried that purchasing the property and then transferring it to the LLC will trigger a due on sale clause that could cause issues after purchasing the property. 

I recently had a conversation with my lender and mentioned I would be purchasing a property as my primary residence. 

Purchase price: $210,000 Cash invested: $21,000 2/2 condo, in a 314-unit complex. 1.7 miles from the beach, great location.

Can someone please clarify this for me - if I take out a HELOC on my primary residence to purchase an investment property would that have to be for 100% of the cost of the investment property or can I just take out enough for a down payment?