Purchase price: $50,000 Cash invested: $20,000 Contributors: Enis Shehu We acquired a vacant non-conforming lot.

An option fee (usually non-refundable but credited at closing) helps weed out the tire kickers.A slant on this is earnest money "going hard" halfway through or so of DD while under contract.

In TX, the option money is typical, usually non refundable and is s small amount.

Just be wary in NJ about taxes and the effect of a non-paying tenant.

If you are interested in a 10 year fixed rate non recourse loan, 30 year amort, I can help provide pricing guidance and a quote.

Then I have a non-interesting bearing account to hold security deposits.

Downside is home possible has income restrictions where you can only use it in certain neighborhoods such as Western half of Logan Square not east half, etc.If outside the income non-restricted areas then FHA can also be a good option for house hacking which is 3.5% down.PM me I can send you a few good investment friendly lenders contacts.

Hello all! I just came across BiggerPockets after seeing several YouTube videos and listening to some starter Podcasts. I honestly don't know what's taken me so long... My name is Arden Ballard. I'm a Physician Assist...

shop around if you want typical conventional agency debt then 20% but you could also do a conventional rehab, but why are you not open to non or sub prime non doc type loans or BRRR strategy

Rented one for $625 to a regular tenant renting the other one for $550 to a person that will use it as an airbnb (I'll keep everyon posted on this)We did some fixes to the 2 non-remodeled not as heavy as the others (painted walls, fixed things that were not working) rented one at $695 all bills included and have a potential lead at the same price.