Hey Drew based on what you said about the inspection I would do an inspection contingency that would allow you to get the seller to cover some of the expenses through closing cost credits.

Most local banks and credit unions will have free accounts.You need two accounts: checking and savings. 

Hi Zhenyang It sounds like you are looking to determine which kind of loan will allow you to afford a higher price point based on a $1.5 Mil down payment? 

Feel free to reach out if you have any other questions or would like to discuss!

Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?

Our bank will let us use equity that exceeds 25% across multiple properties that are either owned free and clear or where they hold the first so long as the deal still cash flows with however much cash is brought to the table.

I am based in Houston and currently embarking on my journey into the world of real estate wholesaling.

Based on my experience with custom home builds, and the photo they attached with my update, the house *should* be dried in within a few weeks.

The list are getting the information, and whether I can get it for free.

You are free to do whatever you want after.