@Kyle A.,
That's my thought, but I have been managing my properties for over 8 years and am at a different stage of my life willing more to bet on myself. a while back realtors wouldn't speak with me either, but I can tell you its because the market here has made such a change they feel that they know what can be done and what cant. The key in my opinion is to have the groundwork laid out so they cant say no to you. I was told for almost a year I wouldn't be able to get a second mortgage, but I was able to because I used a VA loan to purchase one home and an FHA to purchase the other. Maybe it was a fluke, but if I had done the legwork before I went out to look at the houses I wouldn't have real estate agents telling me I couldn't get the loan and stop speaking with me. Lastly I think the best way to get a property is not through a real estate agent. Don't get me wrong, I like them and have a really good one you don't meet every day, but if you can buy a house from the owner directly there is a savings and if you have the money lined up, you wont have a long wait or the rejection of the realtor. Having said that, I am looking for the right person or people to start an LLC strictly for use in buying and keeping a portfolio of larger units which we can manage ourselves.
On a separate note, how much was that property and location? Is it sold?
