Remember with househacking you usually have higher closing costs and reserve requirements so, you need the downpayment, plus reserves plus closing costs

Depending on what you're including I think the number usually quoted is closer to 50% but your mileage may vary.

There's usually a lot of problem properties so do your due diligence before making a deal.

I do realize it's usually a good idea, but would like input.

The offer usually has couple weeks for inspections etc.... so get it done first week.

Fact of the matter is it seems 90% are unoccupied at least in my area and the 10% that are occupied the sales usually get cancelled last minute.

One thing I like to do in abq is if I’m purchasing multi units in rougher parts of town make sure I’m getting a good deal on purchase price (usually my numbers are around 1.3-1.5% on the ‘2% rule’ if you’re familiar with that so I make sure I’m getting solid cash flow.

You made the right decision @Gorden LopesA turnkey property usually means a small punch list and not a new roof

I usually answer, but now is my turn to ask.Dealers of residential lots are allowed to use installment sale method.

If you are not a fit for our business model, I can usually recommend a better fit for you.