Now, when I expand my rental inventory (which I am), it is intentional from the outset.

Otherwise you're taking a property out of their inventory to be paid on.Brian, you certainly know enough to ask me a question, LOL, ask away.

Refinanced out of it last year in to a conventional 15 at 2.75% :)I prefer conventional with atleast 20% down so you don't have to pay PMI (Private Mortgage Insurance) If you have the means to go the conventional route -- I'd suggest that route.

With good credit, income, and some cash you should not have any problem getting an investment real estate loan.The best programs, w.r.t. rate and term, are conventional loans.

(Don't be a bottom feeder just causing problems) Marketing RE doesn't mean you need some wierd strategy or strange string of contracts, but different ways to make more conventional transactions succeed.

The proceeds could go to pay down your primary to get the equity to a 20% position, thus allowing you to get a conventional new first at sub 4% on the primary.

Karen Margrave- not sure what you're asking about LTV... everything I do in the flipping world is cash or a wrap, no conventional financing.As for Matrix...

I was very surprised by this, since what I read indicated that the lack of conventional financing is what allows you to buy a these homes for so cheap.

You said the comps were only in the $25-35k range so I'm not sure why you are so interested in this place unless the inventory is low.

There are no inventory in Vegas, just about everything that comes up for under $120K, SFR comes on the MLS already under contract to a cash buyer that I'm sure the realtor already lined up ahead of time.A lot of realtors to listing it really low, like 70% of market value, but I heard the banks will counter back to market value.