Investment Info:

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

Purchase price: $530,000

Cash invested: $20,000

Hello all! I want to share an experience ive had over the past fe...

You could put most of your funds in the stock market and access them when needed for a HML.

No established resale market 5.

It does not matter if you find the single best market in the US.

Contract closing date was 45 days hence, during which time I got the pre-arranged funding from a HML.Did not have to show POF as it was online auction.

Line of Credits (like HELOCS) allows access to a set amount of money up to a pre-determined limit and it is revolving.

Quote from @Jason Hatfield: @Jaycee Greene  they require a non refundable deposit and give 48hrs to see proof of funds I would suggest developing a relationship with an HML/PML that would give you a "guidance line" that would basically be a "pre-approval" for situations like this to present to the buyer/auction company.

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

Through loopholes there are many home owners that are illegal immigrants, if they get deported , what will happen to their homes?

I’ve been investing for almost 3 months now, and have just started cold calling my call list of pre foreclosures aka I don’t have any properties yet.