So then are you possibly looking to buy a primary residence or an investment property? 

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

My dad is still alive, but he is 88 years old, my goal is trying to come up with a plan/strategy before losing him and while he is still in is right mind. - I just moved back to the Broward County area last July, and before that I was living in the Midwest.

Diversify your thinking, crunch the numbers with a financial advisor, and weigh the pros and cons before making a decision based on your financial goals and your child's living needs.

this is a wonderful community that work towards related goals in life.  

During the slower months it was challenging to lower prices and provide specials to guests but the goal is always have the unit occupied.

Hi Bigger Pockets!I'm a real estate agent living in Los Angeles, and I'm looking to get into the investment game myself. I'll most likely begin with a short term rental property or a multi-unit and house hack. I'm loo...

Currently my partner and I have a short term goal of buying 3 properties a month and doing 10+ deals a month by mid 2024.

The bank will do an appraisal based off the ARV, so that way the numbers are already known up front and generally, minimal surprises.As mentioned in my original post, the goal is to create equity,  and get your DP back out through a refi (and still leave equity in the property) and still have a cash flowing rental property. 

Yes - You have two options in terms of primary home - FHA 203K or Fannie Mae renovation loan for primary homes "Home style program".FHA carries a life-long MIP (Mortgage insurance premium .55x loan amount/12) plus a 1.75% upfront MIP 1.75% x loan amount financed into the loan> FHA does allow higher DTI ratios front and back.Fannie Mae - PMI falls off at 80% LTV- PMI typically has a lower ratio versus FHA ,55% compared to .25-35% for an example with good credit (above 720) it drops for higher Fico scores (less risk).Both loans can be a painful experiece for the buyer if there are any issues with builder, work delays, inspection issues after work/draw phases, and overall turn time from application date to close.