Because it doesn't matter how much you get on a PA if it can't appraise. 

I'm Apa (25) and I work in Orange County, California as a Research Engineer.

If you’re serious about this endeavor put your current home on Zillow to rent with an occupancy in 90 days before you sign a PA for the next house.There are other lending products that are not as strict but the terms are different.

It has been somewhat stressful coordinating activities and coming up with the best plan, but I went ahead and contracted with a PA.

Keep in mind that many of these cheap homes are selling for less than a third of their insurance replacement value, which really means that the land has negative value - let that sink in.Most buyers who can actually qualify for a mortgage will get a PA for $200-300k and desperately want to upgrade their life.

@Alan Asriants As a PA realtor can you check fact check?

I can pluck out all the sneaky BS in a PA in about 5min, AND I know how to write them to have maximum visual appeal with maximum client protections and rights.

So did you hire a PA?

I'm  a PA licensed Realtor and investor in the Lehigh Valley, so I'm a little biased. 

Myself =DChristian Petrozza, RealtorNulf Management Services, a PA-licensed GC