And most will be able to pay the taxes when they come due, and put on a new roof, and put on a new coat of paint.As well as replace the carpets, cut the grass on a regular basis, replace the windows, reseal the chimneys when the liners crack, etc..It's unlikely that that these homes will fall into the slum category in 10 years or so, and make the asset underlying the loan virtually worthless.Or just vanish when the place starts to fall apart too much, due to no down-payment (no skin in the game 100% loans).Said the lawmakers who approved this.

IF you wanted to buy properties on the cheap AND do the work yourself (instead of hiring a contractor), then you want to buy with HML, do the renovations, then do a cash out refi and move into it.

Quote from @Jin Chung: You can hire a plumber to drain everything and put antifreeze in the pipes.

Under the Get Started tab above, there is a section for Events and Meetups where you can see what live or virtual events are coming up:) Wishing you success!

yes virtually every street in sojac we had houses on and for sure i funded fix and flip on them. keep in mind from 2003 to 2008 i was by far the largest HML in the market place.. you has SIF that was also there but were 4X bigger in volume.

I am usually giving (sometimes a little too) straightforward advice so they don't lose money or hire a guru.

When I started, I hired an attorney to handle my evictions.

Partner can or you can hire a pm2) property has not enough equity to heloc or sell at return but prospective partner is willing to buy into the partnership. 3) even if the partnership ends up being short lived, there is an opportunity for further appreciation in that span.4) you fear the risk of a poor season.  

Is there any meetups in person or virtual that you recommend attending?

I have hired a property manager to manage the property  who will provide me with the 1099.