Bear in mind, you will save a considerable amount if you are able to do the work on your own.If your not comfortable making a call on the ARV, just ask an agent.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

Hard money will be the quickest with the least amount of documentation from you.

Second person abandoned her lease and refuse to pay all  the amount required to cover the property damages at her house.

.- Offer an 18 month rent program where the first 9 months rent is a lower dollar amount.

If I were to put a down payment on this property of about 10k, would I add that amount to the 100k then try to see if it covers the 2% or do I subtract the 10k so it’s 90k*2%?

For example, Finance of America has their own calculation for debt coverage that may limit the amount of leverage they will lend to.Best of luckStephanie

I only had a certain amount of money to invest from the HELOC (75k), so my purchase price had to be under 250k with a 25% down payment.