The goals:  To rehabilitate a 12 unit multifamily in central Maine (fully occupied ~$45K net/year)I plan to hold, currently appraises for $400K,  no debtMunicipality is interested in lending up to $250k for rehabDecent credit, several banks said "easy" to $200k mortgage  To refinance the debt/mortgages (~$100K+) of a dying a family member (Bob)I am not completely aware of all of Bob's debts/legal issues and they will be numerous (cursory title exams reveal debt roughly 1/10 of conservative valuation of assets)Several properties are income bearing, or could be income bearing (max gross of ~$4,400/mo within 6 months)Place the remaining assets (after debt payoff) into a trust for the heirs to split.I several options/ways to go about doing something like this.

I've bought numerous houses with a lower offer but better terms than other investors who can't think creatively and believe that the most dollars always wins.

Hi Everyone,We have just bought out first property in Winter Garden Florida (we are living in it) and we are focused on acquiring more single family homes for rental investment as quickly as possible.We are looking for homes around the 100k mark and doing the usual 20% off the listed price and ideally with no closing costs.We have read a few books, got numerous audio CD's and are ravenous for more info so thought this site would be a great start.Would love to meet up with other investors in the area, especially those with a similar target market.Oh and we are Australian :-)CheersRic and Alyssa

Learn to use the BP search function - this is FAQ.Or just go to the top op the BP Wholesaling forum and read the threads right at the top of that forum for numerous methods.

There are numerous tools available to proceed, the thing is how to pick the right one which will help you.

This would be our very first eviction on a self-managed property and therefore I am not completely comfortable with the process (even though I've read it over & over numerous times) and it is my understanding that if it were to proceed, I would be required to appear in court.

I have been searching for a direct mail address supplier with no minimum order of leads.

You definitely want to understand the differences between the numerous platforms and choose the one that best fits your needs.

Most of the creative lenders I've been able to find thus far are either not licensed in Fl or I need extremely high cash reserves in my accounts for numerous months prior to the deal.

Be it the podcast, the ultimate beginners guide or scanning the numerous threads, it seems this tribe has got it going on!