Every lender/mortgage program is different.

I would have thought even fewer homes sold in dec 2023 considering how high mortgage rates were in Nov 2023.

I know my family will not charge me anything crazy to own the home, nothing compared to a mortgage payment for a property purchase in the low $200,000s.

1) Online: most states allow you to charge for this, but we actually cover the cost as cheaper than manually entering.2) Processing Fees: we're allowed in Michigan to charge these for mailed rent and rent deposited to our bank account.

In addition keep in mind there are 3 basic ways you make money with real estate investing:1) Cashflow : Something you can vet well, work to maximize, and costs nothing to put in your pocket other than taxes and its tax advantaged (depreciation, etc). 2) Mortgage paydown : Something you have some control of because you can shop loans, refinance, etc BUT its expensive to put your hands on through a sale or refinance.

Ultimately, the more you can buy at once, the cheaper it costs per item of material.

. $3500/month payments for mortgage and interest payment that i need to pay on sellers behalf. 4-5 month fix and sell time line.

Carpet TilesAdvantages: - Affordability: Typically cheaper than traditional carpet rolls

These tenants stay for years and when the economy crashes, these cheaper properties do well.

If the mortgage is assumable or not. lets just say you buy it for IDK 1.15 at x percent.