You can also get a lower rate on a 30 year fixed and even though its a 30 year loan there is No prepayment penalty so you can pay as much as you want but not obligated to pay more.A Heloc is a credit risk and can "never" be used as an asset or PITI reserve which is required when buying additional properties.

Let us discuss how to finance properties if you don't have a W-2 job, what are you all doing in this high-interest rate environment, what are the benefits of single family housing verses multi-family, vs self-storage. 

Insurance will vary significantly depending attached or detached.  

I'm a little concerned with the current high interest rates and property taxes (Texas).  

1500 Well, depending on how much your reputation is worth, I would recommend that you do your best to get him his $1500 back soon as possible and never do business with him again. 

A lot of what goes into your offer will depend on what you want to do with the property. 

JasonWe've been seeing both rate and coverage increases impacting Homeowners. 

Ikenna,Depending on where you are located and your comfort level you can find a lot of great deals in multiple states. 

Fiverr and Upwork both have some outstanding individuals on there that will quickly give you a bid depending on the number of pages you are looking to build.

**PITI is $522 a month (2%interest rate)** Actually cosmetically ready for renters and appears fixed up.On the inspection report the plumbing failed and it mentioned shifting soil in the foundation report.