So the solution that has worked for me in the past is making phone calls to small banks, credit unions, mortgage brokers and understand the guidelines for each of them Each of them can be different, and usually I find one which fits my requirements

If you are lucky the person will know the area and can provide prospective buyers good info that you may not be current on.I have done it for others in the past.  I

Looks like a great place to be, and I hope to get to know many of you.I currently own 4 units (one of which we live in) and have owned 7 others in the past. I

In the past I had my tenant's setup electronic payments using the service my bank (Chase) offers but sometimes the payments would be "pending" for up to 5-6 days and the tenants could cancel them before they cleared.

But, while I've done okay in the past, I realize now how lucky I've been.I'm here to learn.

:protest: Please dont close anything down until asking a Loan Consultant/Mortgage Broker/ or someone who works with people that have credit problems in the past. I

Maui HI is close to the top.Venice Italy works for me also.In the past I traveled a lot so my day job sometimes felt like a holiday.

The way I have applied it in the past is to quickly detect BS when some broker sent me expense numbers that were a lot less than 50%.Had it not been for BP posters such as MikeOH, Jon Holdman and others, I would not have know how to model future expenses so I am grateful to them for educating me.Interestingly, many of the properties that I was offered - generally larger class A or class B properties with lots of amenities - had expenses that were higher than 50%, particularly the ones in Texas.

That's going to happen more than ever in the current market.Will,While your statement about the past is true and your speculation about the future is likely I think it misses the point.Ohio Realtor's post very clearly spells out the issues for a lender holding property that they do not need for current operations.

I have invested in OR in the past (I lived there are two different points in time)John Corey