Yes, ill look into suntrust as well, you just have to be careful with certain lenders, so do you due diligence.

So long story long I decided to hold my license in a brokerage that specializes in property management that way ill have some decent experience before purchasing my first buy and hold.Im working with retail buyers and doing tenant screening and placement which i would suggest to anyone to start out doing.

I;'ll take a closer look.

Account Closed Thank you so much paul, I read the beginners guide already, ill def check the other books out.

For privacy reasons ill use similar yet rounded numbers.Property was located in Los Angeles County, and was down to the studs.

So basically the best way to go about it might be get the short sale property under maybe a "Flex Option Contract" and then start negotiation with the bank(s) and then i put my buyer I have lined up under a "Subj-To Contract" and instead of a date, ill just have to ad in "Subj-To excercising option to purchase property within X amount of days" ?

Give a little more information about the deal and I can provide some guidance.Hi Michael, I am actually in the same situation as Kevin so I guess ill pick up where he left off.

I ll be done with school next year (with a science degree the last year takes all of you).

@Matt Jennissen Thank you for your advice ill be sure to keep it in mind moving forwards!

https://www.courant.com/community/hartford/hc-news-hartford-housing-code-20190531-hcke2jo2x5fpdgz75xf4hlv2ki-story.htmlThe gist of it is that you would have to list a residential address for every member of an LLC owning multifamily housing, and pay a licensing fee for multifamilies of 3 or more units, and have regular property inspections for all multi-unit housing (as opposed to only Section 8 housing).There have been several times when I have had to evict people for violent, criminal behavior,sometimes accompanied by mental illness.