@Kelly Bellini usually if you go with an off balance sheet loan product through Fannie Mae Freddie Mac, they will have seasoning requirements like that (I think it's 6 months, but not sure). 

Market seems way more balanced than I would have imagined. 

Good Morning BP Members,I have a situation with a seller where at first I was the only party interested in purchasing his house. After receiving the offer, he has verbally agreed that he is ok with the price. When dis...

Why not start small and buy some rural vacant land, say Kern or San Bernardino County (or anywhere in the country) for a $500, sell for $1500 and keep growing your acquisition balance to where you are comfortable enough to make some other choices?

Why not start small - buy some rural vacant land for $500, sell for $1500 and keep growing your acquisition balance to where you are comfortable enough to make some other decisions?

The pro's of conventional 1 year tax return programs is that typically you can price your loan with no points and potentially with a lender credit to cover all your closing costs and its 30 year amortization and 30 year term meaning you pay the min payment for 30 years you'll end up at 0 dollar balance at the end of 30 with out having to refinance or payoff your loan at any point in between and assuming you dont default your note will not be called due and payable which is always a possiblity on a portfolio note.In houston,TX I like Lone Star Bank (LSB) they do portfolio money last I saw at 20 year AM 5.50% with 1 point 7 year term i believe (balloons at the end of 7).

Difficult to say since "having trouble getting vinyl windows to lock" does not tell you or us much about the reason for the trouble.

Family -also many teachers- Finding it just difficult to encounter anyone with extra money in my circles-or just any money ; ) Current deal - I’m literally buying the house across the street from my primary as an off market deal.

You can do an Improvement 1031 Exchange where we as the Qualified Intermediary would acquire and hold legal title to the replacement property and then use the balance of the $10K to make the improvements. 

The Book I recommend is What Every Real Estate Investor Needs to Know About Cash FlowFor Economics, I recommend reading things from the Economic Calendar from Bloomberg: Bloomber Economic CalendarEconomics is very difficult at first, but will take some time to absorb it.