Of course you could always forego traditional funding and seek other creative finance options but that's a whole different conversation.

i will keep u posted man. i have read your posts before in the past month/years of u being with BP. i searched for Wyoming obviously... since i am from here. ive been thinking about a traditional loan on a mulit 4 plex that is available. although i am new and a little scared i wanna make sure to look into every option i find. i do qualify for the loan i want via "wells fargo" it is a FHA im still hunting. i still feel im very new and dont want to jump yet. thank you for reposting, along with u other folks. i enjoy reading all your posts. thank you. sorry for not tagging the rest of u but thank you!

Worst comes to worst you can borrow $5k - $10k from your Dad and traditionally finance.These kind of deals are more risky, but if you feel like you can mitigate your downside risk the upside is huge.

Account Closed @Brit Foshee I was just referring to the shortened duration of receipt of the agent's commissions if he were able to avoid the traditional lending process.

They may be going after a different market than traditional wholesalers as they don't seem to be looking for very distressed properties or situations.  

There are of course methods for buying and selling real estate without involving traditional banks, but if you want to be a successful investor you'll need that good credit at some point.

If it were me I'd wait until I were here so I can do the traditional home walk throughs and make sure you pick the right home and neighborhood for you and your kids.

The other is a large house that I am currently converting into a three family which is also not eligible for more traditional loan because it was recently given as inheritance (two years from date of acquisition is what banks have told me).

(Modern, Traditional, Craftsman, Ranch, or?)

Hi All, My partner and I have been going back and forth and how to invest some funds.We could potentially free up  ~450k to spend on real estate and at that time could have three traditional mortgages left.We need on average 9.5% return to hit our goal with this money including property management and some realistic (to fairly pessimistic) numbers for maintenance, insurance, vacancy etc.The problem we are running into is the places we typically buy are pretty cheap SFH.