What I meant by that is, the housing price in most cities in US have passed last peak price.

Such fluid change of ownership can create all kinds of issues and is not recommended.I recommend you do NOT structure this "working with 2 other people" as a joint venture at all, if possible.

I just meant she'd still be well off as in it isn't her only source of income, so we wouldn't be making her go broke by getting a good deal.

In case you meant $1,000 net cashflow after all expenses for the worst case scenario possible, then who is qualifying for the mortgage?

Hope we're all heading to a great weekends.As some of you probably know, I started a follow-along-my-flip post for local beginners here.This one meant to be a branched off post for them, and anyone else interested, to follow along.  

Hope we're all heading to a great weekends.As some of you probably know, I started a follow-along-my-flip post for local beginners here.This one meant to be a branched off post for them, and anyone else interested, to follow along.

I feel like this is my (and other people's) "unfair advantage"; however, I don't know exactly how to apply my talents.So, this post is really meant to get some feedback and ideas.

It was a typo, what I meant was whether it is ok to have the listing agent as my buyer agent as well.

@J ValansiI believe you meant - HOA fee is 325$ monthly and not estimated repairs (for repairs it seems high..) correct?

Also what I haven't seen yet is clarification on the child tax credit which is meant to offset the loss of the exemptions for those in lower brackets.