Most lenders will offer two options:1: 20% down and 20 yr amortization and 10 yr term.2. 25% down and 25 yr amortization and 10 year term.Rates will vary by region, lender, and relationship with your lender.  

While house hacking can offer immediate benefits in terms of offsetting housing costs, it's crucial to also think about long-term goals and how this investment fits into your overall wealth-building and real estate portfolio growth strategies.Good luck!

The lenders that offer DSCR to first time home buyers will be a bit more expensive and require a higher down payment approximately 40%-30% down payment.

Additionally, crowdfunding offers diversification benefits, allowing investors to spread their risk across multiple properties or projects.

We've been working together for 6 weeks and this only just came up as I'm getting ready to put in an offer.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

So, back to making an offer...

Would love to connect with someone that could offer some guidance.

Hey @J Scott hope all is well, I just came by this thread and just bought your book on amazon and saw that bigger pockets actually offers estimation templates, sample contractor agreements and 8 other documents..

-Has no crawlspace (common for older properties) so we couldn't see the foundation-Drywood termite/wood decaying fungi damage seen on all the windows/doors/parts of the beam on the exterior, parts of roof decking and rafters in the attic-Old leaks/moisture damage seen in the ceilings and attic-Parts of the roof has patch work-Roof doesn't have any permits on record (don't know how old it is)Seller's offer to me:-Fumigation treatment for drywood termites (tenting the house)-Replace and repair all damage wood throughout the house-Replace the entire roof with a new permit-Replace one window in every room (not all)-Pay for a structural engineer to inspect the foundation-Offer to get quotes for repairs and have a 15-20K budget to make all repairs, house is 500K.