During the inspection the water heater went bad, and my PM knew I wanted the property so she neglected a new water heater in the deal!

If the interest rate on their loan is low enough then the payment might be somewhat less than what you'd pay on a new loan today.

I am currently looking in NC and SC, as New England is way more expensive than other areas.

The mortgage remains in the seller’s name, but the buyer gains ownership of the property and makes the payments.Risk: This can trigger the Due on Sale Clause, so it’s essential to understand the risks and have a plan in place if the lender calls the loan due.Wraparound Mortgage (All-Inclusive Trust Deed - AITD):Definition: A wraparound mortgage involves creating a new mortgage that "wraps around" the existing one.

This far into the tax year, will the property tax due in October be recalculated for the new buyer or does the new buyer pay the old taxes for this year?

Good morning everyone, My name is Rafael Macias, and I am new member to Bigger Pockets.

If you're new to property auctions, you might also consider consulting with a real estate agent or attorney experienced in auctions to guide you through the process. 

If it was solely my decision I would buy a new building to house hack every 14-16 months and build my portfolio using low money down owner occupied loans.

You can join local real estate investment clubs or online forums to expand your network.Start small: Since you're new to real estate investing, it's a good idea to start with smaller properties under $400K.

When I mentioned a new build would be vacant for 2-3 months they said that didn’t even need to be mentioned it was short enough not to count.