Often the large banks have delays as well.A loan product I have to use often in my market due to its competitiveness is using a loan where the borrower goes through the full underwriting process before making offers.

In every case it just made so much sense to do what I did - and the end product was so much better than before - that the investment was worth it.

Hello fellow investors,I'm looking for input on where you think the SE Wisconsin real estate marking is vauled at now a days.If we consider 2008 to be the peak before the market burst and values started to decline, and we have been recovering slowly over the past year or two, would you say that property values are similar to those of 2006?

i put in an offer for a short sale that was declined. the bank told the realtor what price they needed to make it work.

@Stefan Dickert   check out Myrarebird.com  they have once a month meetings it cost a little bit to join them but they don't pitch products and give some good solid advice from what I witnessed. the two gentlemen who run it are VERY knowledgeable and good guys to know.My daughter is in corporate finance at Intel so you can imagine with the shake ups how busy she has been LOL.. wish you the best

With more challenges to conventional lending, a lower median income than Anchorage, and a little uncertainty in terms of taxation, staying in a rental might have it's appeal for awhile.I remember the decline from the eighties, this is not the same story.  

I decided it wasn't the product for me.

However, you may be able to sell your % to the other investors as one sale and go forward with a 1031... if the corporate structure can handle it appropriately, if you can say/demonstrate that your intent when you went into the deal was to hold the property for productive use and now that the groups direction has changed you are selling your portion to purchase other property to be held for investment.And if the improvements to the property would not cross the threshhold of "creating inventory" and could be classified as ensuring best and highest use.  

How helpful is it to build a big/productive team?

Is there a product available to LLCs that’s very similar to a HELOC, that is secured against the asset, but doesn’t have extreme costs like hard money, typical portfolio loans for flippers, etc.?