Hi there,I'm looking to work with a lender to finance an off-market property in Maryland I want to buy as my primary residence*, max 10% down.What's the catch?

So my parents are buying my first fixer upper for me all cash in there name. 

I think it will be important to buy in areas that are just starting to sprawl.

The Developers want this setup because they don't have to come up with capital to buy the land.

I've been on the platform before, I'm back. It's time to rebuild my portfolio again. I am interested in properties throughout the US, with no specific location, it just needs to make sense. Hoping to meet like-minded ...

Also, would have some concern that they say replacement cost of this property is 50% higher than their buying it for.

Going to start out by buying and holding for now. 

Maggie,If your husband is going to use it occasionally I would buy it as a second home so you only need to put 10% down.

. - Single family homes to rehab and hold or to fix & flip- Loan is in your name not your LLC- Rates between 5% and 6% depending on credit score- 30 year term loan, fixed rate, no pre payment penalty if sold or paid off anytime- Example buy at 100,000 and add 50,000 for rehab = 150,000 means 15% down payment or 22,500- So the buy is financed at 85% and so is the rehab if you look at it that way- House will be appraised off a contractors write up of the work to be done and must appraise out ARV to at least the 150,000 to make sense at all; if not loan is not approved so a buyer cannot get into trouble in that sense with lender oversight- all work must be done by licensed trades people, not the own themselvesIf this sounds plausible I'm happy to answer questions.

All:I've recently passed my 15th anniversary of buying my first investment property and have been reflecting on what I've done right and wrong in those years.