One asset becomes a complete loss on vacancy and the other simply lessens cash flow.As for the rug rats, I wouldn’t know.

The basics - tax returns, bank and asset statements, pay stubs, income verification letter, etc - remain the same.

I can't qualify for conventional financing so looking at asset based lenders or other alternatives.Thanks!

He said to buy all properties in an LLC for asset protection.

The town asked that an occupancy certificate be obtained requiring an inspection.  

Hi thereI'm a South African currently living in the Cayman Islands looking to get into the US market.As a non citizen / non resident I am struggling to obtain 30 year finance at decent rates in the US.I am investigating the possibility of using finance from back home to cover the cost of a unit, then refinancing in the US to squash the mortgage back home and effectively backdoor finance in the US.Does anyone have any experience with this, and have any comments in whether US banks may be more willing to provide refinancing to an already purchased asset held by a foreigner?

My personal income/expenses don't look great -- I'm currently asset-rich and income poor. 

I am wondering how seasoned investors obtain the rehab cost number in an efficient way so they can quick screen, and either dig deeper or move on to the next potential deal. 

Hello Investors,I understand that hard money lenders will lend on the value of the asset as well as on the repair costs. 

If you can use Other Peoples Money and have a cash flowing asset ALWAYS do so.