According to a research from Freddie Mac, the average borrower could save $1,500 just by getting one extra rate quote when applying for their mortgage.

Just smile and tell them if they hear of anyone whose got an extra, old, tired, or junky house they want gone yesterday to give you a call or pass on their info to you.

I’m wondering if it’s a good idea to find investors/buyers outside of my area or should I focus more on finding them inside my area zone... trying to find myself some extra investors that I can pitch to as my area isn’t fairly that rich in size.

While you'll net $50 less, you will not have had to pay out of pocket for the $13k AC repair, which would take you 250+ months to pay off with the extra $50.

Even if you can't buy a multifamily, you could at least buy a home and rent out the extra bedrooms to roommates.

Because that is not a FNMA rule, that's something individual banks and lenders make up on their own, an extra restriction. 

That extra room in my budget could give me a lot more choice as the buying & selling season heats up, and I'd be in a much stronger position as a cash buyer.

The asking price is 30k and i budgeted 40k renovations with 10% extra in case the we go over budget on the renovations. so all in with purchase,closing,renovations and holding cost( 8 months of holding cost calculated)  come in at around $76,820.00 we would be financing the property in all cash me and my brother in law would go 50/50 on all cost and split the profit but have agreed to use the profits to fund another flip if this one  went well. so i am really thinking 150k ARV so selling it at 150k taking away 6% on closing, 6% on agent fee's and 15% capital gains tax leaves me with walking out at closing sale with a check at around $109,500 and minus $76,820 all in purchasing cost should leave a profit at around $32,680.00 which we would recycle in to our second flip. 

There’s a couple key differences but knowing how and when to use either one is an extra powerful tool in your tool belt. 

What I recommend for young professionals is to get a large house (4+ bedrooms) that you can rent out extra rooms (house hack) to have others pay the debt down.