We were on the waiting list with MidSouth Home Buyers.

You need to be able to run at a moment’s notice—whether that’s checking out a property, meeting with a seller, or showing a deal to a buyer.

IF you have a recorded mortgage and it was a normal sale handled by a title company and the buyer wanted title insurance then you would have had to be paid off and signed a mortgage release or a reconveyance deed.One way or the other if you want some constructive help you need to clarify what you actually did..

One investment basically failed.

It’s a modest home, and we aim for broad appeal with a neutral, updated look that attracts a wide range of buyers.

U did need to be in the bizz qualified and  it had to be new and you as buyer are the first person to put it into production..

The lender just doesn't want a EPD (Early Payment Default) on the loan if they sold it to a loan buyer like Fannie/Freddie.

It will be not only complex (but doable) to secure financing for it, but the real issue is that if you ever want to sell it, it will be super difficult for prospective buyers to secure financing unless they are seasoned investors which limits your potential buyer pool and potentially your offloading price.

My focus was on 5 qualified buyers at all times and looking for seller leads. 

We competed against 1 other buyer.