I want to do a lease to purchase with the seller with a down payment to cover the cure amount and monthly payments made to the mortgage company to keep the loan current during rehab period. 12 month option to purchase at 125k with all payments and down payment going towards the purchase price.

It makes it easier that you’re the owner of the equity, but your partners will want to be covered too.

@Dmitriy Fomichenko covers those kinds of questions.

I don’t want to spend those premiums to cover my 8 homes lol.

The warranty on that treatment is expiring soon unless we extend it for another year by paying $175 which covers up-to 100k in damages should they occur.

(One of many good reasons NOT to buy condos as rentals) The rent covered the majority of expenses, but at the end of the month, I still found myself shoveling $1700/mo into it.

Will the rent roll cover my mortgage and expenses if I purchase a 3 bedroom for $175k-$200k with 20% down conventional mortgage?

If the 15% down drains every investment penny you have, how will you cover closing costs or repairs?

Reading up in forums and like the blogs around covering yourself with documentation before you deal with Independent Contractors (ICs).Unfortunately, some of the links to the sample IC contract seem broken now as they were a few years old.1) Is anyone willing to share any links to sample IC contracts, an Insurance and indemnification agreement, and a lien waiver?

This means that the gross rent should meet the lender qualifying terms of cover the mortgage, most want 100%-130%.The main thing required from you would be a solid credit score.