It's a long process and an uphill battle in your position.

Purchase price: $320,000 Cash invested: $105,000 I started with me first property investment.

And the people who were able to get loans in the last several years had to go through a difficult process of proving to the bank that they could repay the loans so the borrowers were more financially stable then the average borrower of 2006 to 2010.  

Estimating repairs, comps and everything else that creates an ARV seems to be the toughest part of the process.

Typically on an investment property purchase transaction lenders will require a minimal of a 15% down payment. 

So how is this possible if I’m going to finance the initial purchase of the property?  

In order to increase cash flow, you might suggest a shorter purchase price or a longer-term financing plan because the house is ready to move into and doesn't require any modifications.

Hi all,I'm stuck and I don't know where to start or how to strategize a game plan on how to build my portfolio. I currently have a small portfolio but they are single family homes. I'm not afraid to buy, in fact I hat...

Yeah...I guess it depends on their expectations for a future home purchase and their ratios.

However, I acutely discovered, via reviewing the PSA, the purchase price actually being $775,000.00.