Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $247,000

Cash invested: $61,750

Our 2nd rental property and 1st multi-family.

Does anyone near Fort Smith, AR want to partner on some deals?

I'm located in the Conway/ Little Rock AR area.

I currently reside in Hawaii, and own out of state in FL, GA, IN, and AR.

UtahAmericafirst 80% LTV on noo 65% LTV UtahArvest Bank AR, OK, AL, MO Aven…not on investment properties.Bancorp South, TX Lines of Credit on free and clear housesBank of Southern California, CABank of West (BNP Paribas) 60% LTV CA, AZBB&T will loan on a rental portfolioBBVA, now PNCBellwether Community Credit Union, NH and MA 85% to 100%, draw 10 yrsBMO Harris, 3 HELOCs to 70% LTVBoeing Employee credit union Cal Coast Credit Union, CA Citizens Bank -MiN, only in-state.

They ar counting on you not paying long term so they can resell it. 

I can also ask a title company since they would be familiar with how this is handled but I figured I'd start here.I used to wholesale in Arkansas back in 2008-2009 and I used a generic purchase contract with a separate assignment form to go with it.

I recently formed a partnership with a couple colleagues and we just acquired a 15-unit property in Arkansas.

Earlier this year, I think they changed the way finished basements are valued in Arkansas. 

I was recently contacted by a third party hired by the city of Sherwood in Arkansas.