Besides lending hassles for conventional buyers, are you seeing less investing in general?

Then, refi using a conventional mortgage?

I have mentioned this deal before: Neighbor needs cash flow, her home is paid for but a reverse mortgage for her small home doesn't give her enough income nor is it worth while with all of the expenses related to doing it conventionally.

What's type of inventory is getting the most turns in your area is the question?

Once a newspaper prints an extreme quote that is accepted conventional wisdom, we have seen the bottom.I lived in London in 1994.

The builders are bringing down their inventory so that isn't an issue.

And when you meet them in person they look nothing like their picture…Especially at a convention in Fla last Oct.

I am wondering where I should get a conventional loan when investing outside of the local area.

I'd be paying interest only for up to 12 months, and then if the house hasn't sold I'll have to refi into a conventional loan.Basically from my understanding I went from 8.75% down to 8.0%.Which on a $50k loan should drop my monthly interest only payment down from $437.50 to $400.00.I am new to this and it will be my first loan so if I'm wrong or missing something please let me know.- Brian

I generaly sell the properties by listing them through the company I own but if they don't sell within a few months I generally will do a lease option and refinance it to a conventional loan and then make the leasee's work with me in fixing what ever they need to get fixed to be able to buy the properties.