I have 2 choices: 1) Pony up the $3,000 out of MY pocket to get the job done (I don't need to bring this money to closing, but I do need to demonstrate to the HML lender that I have the funds to make it happen), or 2) Simply adjust my budget down by $3k.Let's say that the lender charges the following:3% origination fee ($65K *.03) = $1,950Appraisal Fee - $500 Pro-rated Interest (one month) - $380 Title Search / Title Insurance - $175 Pro-rated Property Ins. - $100 Pro-Rated Taxes - $400 Settlement Fees - $400 Recording Fees - $100 Wholesale fees (if applicable) - $500 Since "No Money Down" is not an option, I'll will need to pay these fees up-front in order to get my $65,000.

Even the banks are marketing properties on yard signs.The one benefit is it will push out the new investors with little patience for finding a deal.Deals can be had but you’ll have to work harder to find them.

News & World Report for the "125 Best Places to Live in the USA" the top 5 Texas cities are as follows (w/ corresponding overall ranking): #1 Austin, #14 San Antonio, #18 Dallas-Fort Worth, #26 Houston and finally #90 Killeen!

I'd recommend the following:-Send a text to all 5 of the tenants on one text chain and try and set up a conference call.

@Lynne MacFarlane it seems to be near unanimous that referrals are the best gift, followed by favorable online reviews, then gift cards.

Find the deal and money will follow. 

In regard to Seller Finance, and provided you agree on better price:Seek to have him to do full seller finance based on the following: 10% Down.5% interest are balloon for 15 years (take 10 if negotiating down) 30 years amortization.

Still analyzing for my first deal and I typically use rentometer and follow it up with craigslist adds.

Your lender may have internal risk factors that may push up rates or require larger down payments when you hit a certain number of properties.

@Wes Short Thank u and i will follow u advice