First National Bank is one of the best banks I have worked with on the commercial side of things.

Sure you could invest in Lubbock TX, with flat (compared to inflation or national average) economic growth with a huge transient population of about 1/5 - 1/4 being college students and succeed in getting around 1%.

The great thing about CU's as a source is that they can lend to a borrower no matter his/her location on properties across the nation.

Please keep in mind that BP Nation frowns on spam ads and those who come to us with tactics to sell something to us rather than engage the community with previous experiences, knowledge, and other beneficial tidbits.

I think our future as a Nation is still VERY uncertain but I'm hopeful that real estate prices will continue to creep up through the Spring of 2013.

Even such simple declarations such as if the Seller was a 'Foreign National'.The Seller claimed that this was standard language in CA, AZ, TX and that this was boilerplate language.

Seek markets with a growth rate that is consistent with or above the national average.2.  

Their products also cater to foreign nationals as well.

@joseph 70% after repaired Value minus repairs doesn't work for the seller but what might work is a joint venture with a sellerSometimes it's better to talk to the seller directly with the agent and tell them exactly how the real estate investor world works Pencil out a possible solution 70% of ARV minus repairsIf that number is terrible then tell them you would consider doing a joint venture where you would bring in your own money to repair the house and then resell it with the realtor getting a commissionI would bring in a rehabber GC where they could guarantee the repairs on a certain budget and you get private money for that amount of repairsI would charge a fee of 5 to 7% of value for joint venture fee650- 65 costs to sell with commissions and closing costs - 200 in repairs - 32 jv feeSay 350k net to sellerBeats the 291 MAO1 buy w private mortgage no payments for 6 mo2 own it and repair it with private money3 resell it w agent4 pay off note to seller and private money loan@Joseph ChillemiGo Red Sox Nation!

The national association (MHI) responded with comments last week.Consider asking for chattel lending to be specifically excluded in writing, and failing that, to be excluded from the capital requirements.