Hello All,My wife and I are just starting to look into real estate investing as a means to add additional income sources in our "old age".

. - Do you know how often lenders typically exercise the right to lower the limit?

Currently have a accepted cash offer on a house that may have some foundation issues and need a additional quote to reference for potential cost.

FYI -- In addition to the $495 Professional Edition that Michael mentioned, my company realdata.com offers a $159 Express Edition which is geared more toward multi-family property.

You can literally be a middle school school dropout, turn 21, and the next day be a Big Bank loan officer without ever passing a single test.But for Local Lenders with flexibility, we face a LOT of hurdles just to add a single additional state or even maintain our own...Think of that whenever you read "lending in all 50 states!"

Same question, can you receive higher than market rents and is your profit higher or are there additional ongoing expenses.

I guess my intention is to purchase free and clear then pull my initial investment out and acquire additional property

Do they get "home owners" or "renters coverage" and is my llc listed as "mortgagee' , "certificate holder' , "additional insured'. insurance agents feedback would be appreciated Thank you.!

Additionally, learning the different market segments, especially here in Central Ohio, would help us focus our attention on what others have found to be the most successful paths to follow.

In addition, I would update the listing to mention that you're open to owner finance at a very reasonable terms such as 6-7% interest rate with 20% down payment, no credit no problem and hope that would spurn more interest.