Good morning,We won a Hubzu bid in which the seller does consider financing but we did an all cash offer.Are we allowed to get a mortgage within the span it takes close, or is it absolutely out of the picture?

On commercial apts or with an older seller there is usually a 5yr balloon.Offering a payment of $250 on a $100k house probably won't cover even his $25k mortgage payment. 

Covered parking a good selling feature.

I wouldn't even think about making the extra payments, especially because you're looking to invest in more real estate based on your profile.  3.625% may be the cheapest money you'll ever get and with the house hack, it seems like most, if not all, of your expenses are covered and your housing costs are pretty cheap. 

FHA needs 75% of the rent to cover the mortgage. 

I’ve discussed with my lender the option of a 203k loan but my question for you is does this loan only cover renovations to update an property to FHA guidelines or can it be used for any renovation to the property such as additions?

The post was on FB which shows my picture, I don’t want someone acting like they want to do business because they think I’m pretty and in reality they intentions are somewhere else.

I keep reading and can not figure out a clear solution that keeps me covered legally.

Just so you know though this one has a 1.5% commission so you will be responsible for paying the other 1.5% at closing to cover the difference"Buyer: "Never mind, lets go look at that other one on Elm Hallow"As far as using a flat fee service they really just send you a form to fill out with your sq footage, number of rooms, dimensions of rooms, taxes, a contract for listing.

Also, from May-Aug. we paid a total of $4,000 in holding cost to cover the HELOC payment.