If you are Buying stabilized property I would suggest really looking at the Freddie Mac Non Recourse small balance loan.

Not only in DC proper, but in all the VA & MD suburbs.I would suggest visiting the wholesaling forum & consume all the info there.

Why not just write a note for a $310k loan and have them send you $304k instead (and roll in the $6k into the loan balance)? 

All proper permits must be provide (the OPRA report was done, there are obvious things that had been upgrade without showing up on the OPRA)8.

All proper permits must be provide (the OPRA report was done, there are obvious things that had been upgrade without showing up on the OPRA)8.

Buy the properties subject to the sellers loans staying in place and have the sellers carry a 2nd mortgage for the balance minus what you agree on for a down payment.

Regardless, you need to implement insurance and proper management procedures, regardless of how many assets and equity you have.

Most likely they are going to get a move out notice so we can perform rehab efficiently and they are welcome to apply for the unit once we are done, however they will be screen properly just like the rest.

Location: Clayton CountyLess than a mile from public transit2 miles from Elementary, Middle, and High School Reason for selling: Seller is motivated because her husband passedBought the house in 2002 refinanced in 2009Remaining Balance on Loan $112 Monthly Mortgage is $977House 2100 sq Comps in the area 95k Seller has 5 other rental properties she wants to continue to maintain.

🚨Location: Clayton CountyLess than a mile from public transit2 miles from Elementary, Middle, and High School Reason for selling: Seller is motivated because her husband passedBought the house in 2002 refinanced in 2009Remaining Balance on Loan $112 Monthly Mortgage is $977House 2100 sq Comps in the area 95kSeller has 5 other rental properties she wants to continue to maintain.