if your brand-new in Massachusetts, I would consider doing a lease purchase with homesellers that don't have alot of equityOnce you get at the property under contract, then you assign the deal for an assignment fee.I would get my sales license and write up the listing as a lease purchase listingIt doesn't matter if the buyer does not get the mortgage, you have done your best, but I would do it 1003 application for a mortgage and have a registered mortgage loan originator and look at the 1003 applicationI would give a 12 month lease at market with 3% earnest money, and 3% for your feeYou can target expired listings for houses that have a problem selling traditionally

Location is West Newton, MA.

I'm probably going to hire a lawyer since I live in MA, the most joyous of all tenant friendly states.

My name is Alvin Aquino,I am residential real estate investor, I tried working hard to know all what i need to avoid mistakes, being very extra careful, by doing my due diligence, planning ahead, as a result of this endeavor, I felt i wanted to full proof investment due to economic situation, so we diversified into commercial retail business with the family.I currently own a townhouse, a rental property that pays the mortgage on my current home in full, and I decided to built another single detached  house close to the church which the family really like, the condition to the lender is to sale my current home, but now we decided not to sale instead rent it out.I am seeking advice and direction on which financial institution to go or a way not to sale my current house instead have it rented to create cash flow and appreciation of the house.

The intentions were good and it made common sense but that seems to be lacking at the financial institution.  

The tenant friendly policies in Massachusetts (I am originally from there, have been a Realtor there and still invest there) are quite absurd.  

At least in Massachusetts, an agent must work under the license of a broker and only one broker. 

They must be housed in a Florida financial institution.

We prefer to work with local financial institutions that service their own loans.

Hello everyone, I am new to the real estate business, but it's something I have always known I am passionate about. I hope to network and learn a whole lot and be an expert at real estate investment. Looking forward t...