Waiting to inspect every little detail can often result in losing the deal to a more confident investor.

I have enough saved right now for a 7% down payment but I have been saving $750 a month for my first purchase so that number will increase every month.

Therefore repeated exposure is key to increasing response rates.

take some time and google websites that are similar to what you want to do..you can get Tons of ideas and not waste time reinventing the wheel.Traffic equals money..work on increasing that traffic and opportunities won't be far behind.i've got a few great ideas for websites also..it just comes down to advertising and spreading the word which I've spent zero time doing.

So, unless you're confident these local drives are going to give you some real appreciation, these are money losers.If you get annual appreciation of 5% (very speculative, IMHO) one will be worth $191K and the other $146K after five years.

What they are increasingly refusing to insure is simultaneous closings.

> Eviction Protection ProgramIF you manage enough properties, and IF you are confident in YOUR tenant selection, and IF you very carefully work out the numbers and details, this MAY be useful to you.

Expenses should always be calculated at 50%, remember maybe this year they will be lower but at a point you'll need to change major items like roof furnace a/c etc etc etc If you buy a house for 100k it needs to pay 2k in rents every month, simple as that.Let's say you have 100k in cash, you use 60k to buy a house that is really worth 100k and it rents for 1200$ (2% of 60k) and cashflows 150$ a month, your net worth has just jumped to 140k, your monthly income has just increased by 1800$/year.

Loan limits on all FHA loans have increased to $729,750 in high cost areas.

When a value of a property increases, is it the land that actually increases or is it the bricks of the house that increase in value?