After extensive improvements, the property sold for $425,000 on 05/30/2024.

On most investment properties this will be limited by the lender to 2%ish of the sales price.

I was looking more into North Houston and saw a few properties in Spring, TX.

We built out a Diligence tool that grabs data from multiple sources ( Paid and non-paid), aggregated together to give us data on multiple properties in that matter of minutes. 

A set of two multifamily properties are being liquidated and sold near me and it’s about $2M before any possible discount/negotiations with the owner.

I'm guessing it would be more fee friendly if I was to take out the full $100k from the property then only use half for the down payment and save the rest for a future purchase. 

My parents are interested in buying a property in their neighborhood using a HELOC to buy it for cash.

Properties that are operated by a management company are also out.

She’ll be out by Dec 1.Given that I’ve been paying about $15k on this property every year, it’s been a money pit.

@Ray HageI agree as I would stay away from condos as between special assessments and increase of fees, what is the risk vs reward.Many of these buildings are run by people who are not property managers or have development experience and lack the knowledge to properly run the propertyAlso many don’t realize that on older buildings your initial estimate will be 30-50% less once the work starts, especially on older concrete buildings that are susceptible to deterioration due to the weather in these areas (especially the salt)