-Business Type: Residential Rental-Ownership Type: Agricultural Cooperative Corporation

I am a project manager currently working for a commercial General Contracting company and have a small contracting gig on the side I am working on ramping up, focusing on residential and commercial remodels & all demolition projects. 

Small residential properties seem like a headache for them now so I've been fortunate enough to take them over via things like land contracts and creative financing deals to get them out of those properties.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

As a former planning board member as well as having done a lot of development both residentially and commercially - I agree with JD.

I have bought notes based on bank saving time legal fees and property damage during the foreclosure process, if you were buying residential paper I would look at the foreclosure timing first if it is like Wisconsin you can get the banks attention if it a very fast moving process like I am told florida is note purchass can be difficult

You might look back and think, ‘Glad I spotted Casper before everyone else jumped in.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

It is less than an acre, but zoned for multi-family residential development (town-homes, condos, apartments, etc) Having never been, I know nothing of the potential in Delta Utah.

----------------------------Here's a quick breakdown of the eligible loan amounts based on an all-cash investment strategy, but the same applies if you have a mortgage on the property as well:• 0-6 Months (Delayed Purchase, no Rehab completed) - up to 80% of purchase price• 6+ Months (Cash-Out Refinance, no Rehab completed) - up to 75% of appraised value• 0-3 Months (Cash-out refi, Rehab completed) - 75% of appraised value [good rates]• 3-6 Months (Cash-out refi, Rehab completed) - 75% of appraised value [best rates]My one caveat is that a 1-4 unit residential property in Missouri is eligible for an 80% cash-out, albeit at a higher interest rate premium (8.625% @ 80% LTV vs. 6.875% @ 75% LTV today).

As you know, most residential doesn't work on cap rates, but if you are in those MF like you have then this is applicable.