Greetings all,I'm still a relatively new investor but looking to diversify my investing strategies.

Florida housing crisis escalates to worrying new high as record number of homes for saleThe housing crisis in Florida has reached a dramatic new milestone, with more homes on the market than ever before.

In Oregon, there has been an explosion of RALs in SFHs, so much so that some counties stopped issuing new licenses for a while.

However, I quickly realized that lenders are unwilling to offer mortgages to new LLCs, and even if they did, the interest rates were above market average!

Intel’s $28 billion semiconductor project in New Albany, Ohio, initially expected to be operational in 2025, has now been delayed to 2030 or 2031 due to financial struggles and market adjustments.

An appraisal is done and the new value of the house is 295k. 

Most meetings are filled with people who don't exactly reach out to meet new people so if you go be prepared to be outgoing and honest and FOLLOW UP with people you met but don't be demanding.

New construction 

You can use the Addendum instead of filling out an entirely new Purchase and Sale Agreement.

Most lenders will cap the LTV at 75-80% of the appraised value, which means pulling the full $545K may be challenging.