When the banks saw that there was a huge wave of defaults, they stopped lending so people that needed bank loans to buy a house were not able to buy houses.  

We have thought about buying an investment property and not sure if we should flip a house or buy a 3-4 rental.

Investment Info:Single-family residence buy & hold investment.

I ended up buying them.

Peer st and his original lender who probably had some buy back provisions are in the middle of this massive BK and no one wins..

So no you just suck it up and buy another one and keep tenant happy.then on top of that they make it so tough to make a claim you have to pay an inspection fee up front only to be told its not covered..

We had to buy a new fridge for our rental property, which cost about $1000.

Or is it worth going the route to find another investor to buy it at the 335k mark so they can resell it for that upside? 

Planning to use HELOC to buy cash for a property.

With ecobee you can also buy wireless door sensors for $40 that will temporarily turn off the ac or heat if guests leave doors open for more than 5 minutes.