Will the banks count all the money you have in your 401k towards reserves or just the amount you can borrow..

To me it seems, and I could be wrong, but it seems regardless of what the market is doing there is room for investors to make moves. upward markets build equity that can be borrowed to multiply number of boxes/doors.

@Jason Hirko  there have been many threads on this companythey are Utah based so they are half lender half back room guru education companyI suspect they make the majority of their dough on the 3k turn downs.they also then charge appraisal and a submission fee of 600 to 800 per deal and from what others have posted the values would not mess they were out 4 to 5k .. and of course they are going to these folks because they advertise NO money down 100% financing.. so the borrower is out 4 to 5k is now out of money and out of business.Too me is smacks of pump and dump due diligence .. but then they say for the 3k they give them their how to get rich in real estate education materials that are worth at least 3k... :)) 5 points 15% is what I have heard..  

I would say you could find a decent asset with a $50K budget, keep at least $5K in reserve for servicing fees, force placed insurance, property tax maintenance and possible foreclosure expenses should the borrower not be able or willing to resume their payment performance.

If borrower defaults on the 2nd (or 1st for that matter) the 2nd can foreclose. 

But that doesn't really help the borrower get an FHA takeout.

Hi Tim,10% @ 80% LTV is certainly more than reasonable for HML to a borrower with no experience under her or his belt.

., what you'd normally send to a borrower as a payoff) plus the trustee fee (the fee owed to the attorney conducting the public sale).

This clause stipulates that if the property is transferred from the original owners/borrowers, then the lender reserves the right to call the loan due and potentially foreclose on the property if you aren't able to pay off the loan.  

Normally the investor will have to make this attractive to the PMI Company by placing a large deposit towards the purchase of the property.If the lender sees that the borrower has equity and is making serious efforts to market, the property the lender will generally delay foreclosure for a reasonable time to allow the property to sell.The lender will probably require the borrower to make full or partial payments during the marketing period to keep the overdue balance from growing.You as an investor can front all the cost as part of your purchase agreement.