However to go a step further, look to acquire foreclosed properties at a discount, rehab and once a tenant is placed, refinance cash out based on fair market value. 

From what I'm hearing from local note investors, many of them focus on NPN acquired directly from hedge funds given the steady increase in foreclosures. 

@Pat Jackson I acquire properties all the time at the 2% rule or better.

@Brennon ManskeIt depends on if the house was acquired before or during the marriage.

The 7-unit I bought as a value-add property and added about $100k in equity over the last year, so I'm not opposed to doing similar projects in the future if profitable.I know how to analyze a deal and calculate NOI when scouting properties (though admittedly these properties were acquired many years ago, before I knew much about RE investing).  

Currently my partner and I have acquired 45 units (just shy of a million in total real estate) in less than 2 years and we're building solid systems and allowing the dust to settle. 

I'm looking to acquire one or two multi units and am interested mainly in positive cashflow.  

For example, when selling an automobile to acquire funds which will be used as a source of down payment or for closing costs, the lender will usually require the bill of sale (in addition to other items) to help document this source of funds.biweekly mortgageA mortgage in which you make payments every two weeks instead of once a month.

We will acquire a commercial loan and raise the downpayment plus CapX from private money investors.

I’m a brand new investor and looking to acquire my first property In the atlanta area within the next few months.