I'm in the process of raising more money to strengthen my position when making offers on some of these properties.

I'll definitely work on being persistent and strengthen my buying position first.

My lawyer is advising to convert the property to an LLC (at a $1K charge by him of course) and that will strengthen the case.  

Similarly, I suspect Amazon wanting to enter the mortgage business isn't about the potential profits, rather they want to capture the vast amounts of data that a loan application produces, which will ultimately strengthen their understanding of their customers and lead to an increase in overall profitability.

Raises the real estate you’re dealing with to put as collateral, you can also bring in other properties you may have with good equity to strengthen that security for the private money partner

My biggest concern is the growing lack of good domestic NPL inventory.I would think with the strengthening of the mortgage requirements that its inevitable that inventory goes down.. however you can always count on a certain amount of bad paper for various reasons.. it will be regional of course.. there is still more homes than people to live in them in some markets so you will have folks just walking away.

Adding to Rich's thoughts, you should consider mystery shopping similar, nearby properties to strengthen you comps inlcuding viability of RUBS or calling if visit not reasonable.  

And the Fed will keep repeating this in winter markets so long as the economy, specifically the housing market, continues to strengthen.

(about 3% of the home purchase price)I didn't make a lot, but I learned a lot and it strengthened some of the networks I have been building on here.

After we buy it, we would contribute some equal amount to strengthen its balance and then leverage to buy units.I would also bring a local property management company on board to take over the PM business and operations; and use the company's income, credit and track record to get around my lack experience and credit.