There is simply no way to know if the private utilities are working - no matter who you ask at the government, no matter what any 'expert' says.  

The seller needs moving money, there are oftentimes an arrears that has to be paid on the loan, there are oftentimes HOA fees that are due, there are title costs, there are escrow costs, usually there is deferred maintenance, you have to make mortgage payments out of pocket until you get a renter in there, you have to pay utilities and taxes, and you need reserves in case it all doesn't go as planned.3.

Never paid on our very low interest primary mortgage. 

When I purchase a partial, I take full assignment of the mortgage/deed of trust and endorsement of the note.

They don't ask for a down payment, but they usually have higher interest rates, shorter repayment times, and stricter rules compared to regular mortgages.

Can I put the mortgage interest as a deductible for my real estate property in Schedule E under other section.

I used CrossCountry Mortgage, which provided a premium rate of 5.5% for 30 years.

I also play beach volleyball at a private beach court in the summer as well. 

Are you looking to use cash to buy your future properties or using borrowed money like mortgages? 

Also, FYI the condo is FHA approved you will typically need a hard money lender or private lender and then try and refinance it out in six months.