Originally posted by @Nelson Sbravatti:@Caleb Christopher I heard that KCMO requires a rental permit... would you know if that true ?

Sounds like she really timed that one perfectly and scored a big win.

Yes sir we just 100% refinanced...Used the same credit union who had the original debt. 

Hello BP community , I am new to real estate investing in the San Antonio area, I have capital to invest in and my credit score is 640 , I plan on using the  VA loan for my personal residence but I want to see other options for a rental property.

We originally planned for this to be a mid-term rental, but when my grandma wanted to move, we offered it to her instead for minimal cash flow.

If, still within 1 year from the original foreclosure sale, the prior owner elects to redeem the property, would they owe the 3rd party the amount that the bank bid to originally take back the property?  

Good morning “Upstate” crew,I originally posted this in the wrong thread (I think) so I’m reposting this in the Upstate NY group to better target the Binghamton area.

If you can't get someone with a 700 plus credit score within a few weeks of quality leasing the property at the right price I would not keep the property. 

Use neighborhoodscout and see what score it has since 2000   If it is an 8 or higher, I will be fairly confident of good long term appreciation  - the cash flow over a long hold is more determined by rent growth than initial cash flow.  

They originally booked for 3 months, and we agreed to a signed 3 month lease agreement.