It's probate, the one who called me said he inherited it from his father.

Hi Everyone,I'm a current investor and have only used conventional financing for my properties but my father is in an interesting situation and I wanted to run my thoughts by the community to get some sound advice.

My father owns a large barn and he rents it out for 350 a month, he does not live in indiana so I handle it for him.

My father was a professional contractor his whole life.  

You asked about contractors, well my father in law does great work for less that other guys. 

My father is selling me his house.

Hello all,I am a 25 year old from New England who always had a passion for fixing up real estate.I went to a trade school and my father owns a construction company.A few years ago i was involved in a bad accident.To make a long story short i will be accepting a check for $250k in the coming weeks.I would love to get a loan for a rental property and can put a down payment down of 20%.My problem is i cant work in my old field and therefore am not working at this moment.My credit is around 600 right now but i have a few credit cards that are maxed out but in good standing.I plan to pay those  off and expect my credit to rise to over a 640( i lived on those for the past fear years because i was injured)My question-Anyway i cant get approved for a 200k and under mortage with that kinda cash in the bank and credit score?

My father has been a real estate sales person for about 40 years and he has taught me a little bit.Whether you become a wholesaler working the numbers is critical.  

I had to write a letter of explanation that I did not own a property that was in another state that had been owned by my father who had died 20 years prior to this.

Due to a bad partnership with my then and current father-in-law (what a huge mistake) the few buy and hold properties we had were sold and I was gun shy on the business.