Do your due diligence before committing to any contract.Due to low interest rates, Bidding is fierce in entry level homes right now.

I committed myself to writing a blog every day this month about the lessens we learned if you care to read it. 

I would ALWAYS be careful with any lender that requests a commitment fee of any size especially over $100.

If the property will cashflow when you move out, I'd recommend keeping it and, if the value has grown through your elbow grease, refinance out some cash for your first acquisition in Boise.If you're committed to selling in a year, you may want to consider a live-in flip; you'll likely have an easier time selling the end result on the retail market.Either way, if you timeline is only a year, be sure to factor in closing costs on the purchase (usually about 2%) and selling costs on the backend (6-8%).Good luck!

I recommend you speak with someone who's successful there before committing to that idea.

Also, talk to your insurance agent to get an accurate number there before committing to purchase if you haven't already.

We have about $60k saved up in just a couple years and a $100k in a committed gift  from family towards the down payment of a house.  

It works very well as long as you really sit down with your partner and go over what you are both good at and what you can really commit to.

That would be deflation, which is the main thing the Federal Reserve has committed their considerable resources to preventing.

@Pesi Satarawalla recommend you check out the Fair Credit Reporting Act and national laws on privacy.Our management contract states we do not share credit or background checks with owners due to potential corresponding liability issues.Answer us this - how does a property management company protect itself against an owner, who they share this info with, from committing identity theft or not keeping the tenants information secure?