It certainly not a matter of just sticking out a few bandit signs, putting up a web site, and waiting for the checks to roll in.Jon

In 1936 (maybe 1934) Fannie Mae was started to create a 30 year fixed interest mortgage market. 30 year fixed, fully amortized will drive up prices compared to a rolling 5 year commitment.Roll forward a bit.

I offer an 80 ARV FULL DOC rehab program for investors with a 25 amortization with rates currently set at 7.34%---roll in purchase + repairs + closing costs (need to make mortgage payments, but they are I/O)---advances 10% of the cost of repairs at closing (this is unheard)---641 FICO required---100% financing possible...Regards,Scott Miller

He said yes, we called it “owner occupied”.As my eyes rolled, I told him not to do that!

Alright guys, maybe I should get the ball rolling.

Very often I read about people getting the ball rolling without having much cash on-hand.

Aside from credit & criminal checks, are you just rolling the dice?

Lots of great, very insightful, experienced advice in the replies, so I won't even try to play the parrot here.My advice, first step, go to a local smaller bank that is local (5 branches or less) and get a 50%-70% mortgage on your home, and roll that right into an account at the same bank.

Insider Cash is the one who actually loans the money and they roll all fee's into the loan like a bank would.

Using their rent roll, amusing it was a rental, how would you know the max price you would pay?