In today’s market most homes will be worth more than their outstanding loan balance unless they are VERY recent purchases with little to no money down.

It’s a great way to connect with investors and professionals in the Phoenix market who are active in residential deals.Looking forward to seeing how your journey progresses—feel free to share updates or ask questions as you dive deeper into the residential side!

Knowing the seller consisted of family members who inherited the property this year and had never actually seen it I offered $56k the same day it hit the market, cash, and close in 2 weeks.

If you want to connect buyers and sellers together get a license.New York has the most stringent rules for real estate.

@Terrence StarkTypically the contract to buy the new house would specify that the builder/seller would deliver the type of plans you are referencing.

Looking to bolster my off market lead flow.

That is if purchasing EXISTING performing investment real estate AND have very good clarity of every facet of the transaction ESPECIALLY reasoning for seller selling, AND you have decent market intelligence. 

My credit should be the highest allowable also and I shouldn't have problems with approval.Ok, i shopped about 80 lenders (based on Fridays rates, market is closed so no live pricing)Conventional Full Doc loan you would be at 7.875% if you put 20% down (you said what the house was worth, but not your purchase price). 

We all invest in real estate in order to make money, and keep in mind that someone who can only afford to live in a mobile home and seller-finance to buy the land is probably tight on funds. 

Ive invested in the Boston & DC markets for 22 years now.