Not sure if there is a way to disclose my state in the settings, but I'm in WA.Would appreciate it if you know how to exactly do it in WA.

Back of the napkin is good for seeing if something is just not worth your time, but you need hard data to really evaluate any deal, Turnkey or otherwise. 

The area is up and coming and it looks as if it is set up better to be turned into a commercial property due to all the new stores in area and I do not see any residential homes in a 2 mi radius of the property, there are homes around but they are pretty far apart.

However if its 2-4 fam then you have no choice but to put 25%, at least if you are dead set on going Fannie/Freddie. 

What you could do is have it set to a particular temperature with a lock box over the thermostat.  

Is it wise to set up a 5 or 7-year fixed rate balloon term with this lender. 

So the numbers below are raw, and they do not represent the exact values of the property, they are just to set an example. 

Hi All,

I’m new to investing and am getting creative with getting my finances in order.

My original plan was to add my name to the deed of a house owned by my mother which has a minimal mortgage remaining(about $50k...

There are not enough data to make a decision. 

hey im glad to see other 20-30 year olds on here with the same mind set as myself. im still looking for my first deal aswell a few things i do is check some of the popular real estate apps religiously every dayive also tried direct mailing on some properties ive driven by in hopes of finding a deal but lately not many people and interested in parting with their properties, but the key i keep telling myself is when you get a door closed in your face go to the next one and keep trying!