Each group tends to go after certain types of properties. 

I know of a few programs that can go below a 50k purchase and it’s about how much do you want to spend and the type of work you want to put in. 

Did they give you a roadmap or strategy document to follow? 

My main goal is to understand what types of loan products are available, and we are now more open to analyzing out of state purchases.We are eager to make our first purchase within the next 3-6 months.

Here are some Propstream filters that a lot of my investor clients have found helpful: VacantNon-Owner OccupiedHigh EquityOff Market# Years of Ownership, Minimum 5 YearsMaximum Value = Median House Price for Entire MarketOwnership Type = Individual & TrustSingle Family homesYear Built Before 2000Minimum 3 Bedroom, 2 BathroomThese can be great opportunities.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

For that specific type of loan, this looks normal. 

I am wondering what's the best type of deed to use to sell a vacant lot I have from my LLC to my personal name.

I can barely get firms to look at columbus with 10x years of experience thats mostly for ground up. the average house cost is still less than 100k which means you have a lot of houses to tear down still to create a housing shortage. the economics don't make it favorable for any type of investing but turn key or maybe ground up in the urban core which works in any city. but compare any of these cities, I'll take Indianapolis, Chicago, Minneapolis, and columbus and Milwaukee and pass on the rest. 

- Loan Type and Liability: Implications of personal vs.