No SSAE16-Soc II report on file, No E&O, no regulatory body governing them, no audited financials, no policies and procedures on NPPI data, etc.) they aren't going to be able to call an institutional lender/servicer/bank to buy a note.Our diatribe ends up being to the benefit of the OP.

View report*This link comes directly from our calculators, based on information input by the member who posted.Tenants in place, $800/unit, red zone rentometer $850, looking for at least 15% cash in cash.

Hello everyone,I'm meeting with the seller's realtor to view a property in a suburb of Charlotte, NC and I wanted to ask you all what kind of questions you have asked in the past to find out good information about the area and property.Here are the points I already plan to hit:Why is the seller selling (Always a go to)What's your opinion on the rental market right nowWhat's your opinion on the real estate market right nowWhat would you say is the reason this home hasn't sold yet (28 days on market)Do you live in the areaWhat do you like about the areaWhat I'm trying to think of is more thought provoking questions that will get the realtor to reveal his true feelings about the area.The reason I'm prying is because it is a relatively small town with pockets of higher valued houses but there doesn't really seem to be any rhyme or reason. 

I also paid off and disputed a lot of the credit report information and by and large I was able to have increased to 630 all within a couple months.

Yesterday I received the appraisal report and although I feel it’s a touch low (of course) I am still delighted with everything.

So instead of 4.5% at a bank or credit union, the buyers will pay 8% and maybe even 9.9% with you.Now when you sell that loan, the buyer of the note will want to yield 12%+.Plus they will want to see a qualifying package including credit report, job history, etc.

As example, list segments in Lufkin for single family homes <$100,000 with 2+bathrooms (the county doesn't report number of bedrooms) owners known to have low equity eliminated: 208 Seniors, age 60-89, 15+ year residence96 Absentee Owners215 Owners with Low Financial Stability Scores, age 40-89, 5+ year residenceThese are great potential sellers for you to mail a letter of post card letting them know how easy you can make it for them to sell their house to you.

View report*This link comes directly from our calculators, based on information input by the member who posted.

I have 3 other invest properties with mortgages so I figured the asset based loan that doesn’t report to credit would be the way to go as I look to ramp up the rental units.

I have 3 other invest properties with mortgages so I figured the asset based loan that doesn’t report to credit would be the way to go as I look to ramp up the rental units.