Here is just a quick example of why you should never do this:"Those considering obtaining attributes because investments will appreciate that roughly 42% of Memphis neighborhood occupants hire as opposed to personal their own homes and additionally it really is an region where investors currently have little trouble keeping their qualities rented.

Kalyn everyone wants cosmetic properties.You will find regular home buyers do not have to resell and will accept way less of an equity position and pay a higher price to get a home cheap with a low monthly payment.Their goals are totally different than a rehabber.This is why a bunch of success is taking on properties where a home buyer is not a competitor but it drives down the price with the property not being loan ready.If your offer of cash is just slightly lower than a finance home buyer the asset manager might still choose you.If there is a wide difference the asset manager might take a shot with the finance home buyer to net more.It depends on a bunch of factors which is being at the right place at the right time.You also have to understand local,regional,and national banks make decisions in different ways.Kayln are you offering to let the listing broker keep all the commission are are you getting greedy and asking for the co-op??

Where (regionally) is the property located?

In my region that would be normal or, even, quicker than normal.

Christopher, I do not know anything about your financial situation but if you have decent credit I would be at a local/regional bank when they open tomorrow to find out if it is possible for you to get qualified for a loan.

I look forward to mining this site for useful bits of insight, regions or hot spots/regions of proven success.

Market CAP Rates will vary a bit from region to region for sure, but a good return on investment is sort of set.GOI is Gross Operating Income.

Welcome Ryan.I heard that the City of San Antonio has applied for a EB5 Regional Center status.I work with some guys from Texas.

Hud has master servicers for different regions of the country.They move their areas every few years to prevent internal fraud collusion.The listing broker can apply with HUD servicer and then they might or might not get approved.It depends on a ton of factors.The commission isn't great but you get VOLUME.

I looked the property up and seen that Regions Bank owned that property.