Its barely keeping me alive right now, let alone another bill.

They would tell me the guy in the next block only wanted $750 for a comparable sized house.I would point out that mine had; extra insulation, higher efficiency A/C, solar shielding screens on all south and west facing windows, automatic garage door opener (well before they were truly standard on every price range house), recent paint and carpet etc.

The benefit being that while you may only have one loan in foreclosure in a particular state, we handle and refer out to attorneys hundreds per month, per state, gaining economy of scale, and let's face it, our foreclosures will get done faster than someone sending 1 to an attorney.

They cash flow (barely) and are easy maintenance with long term tenants (and they were built in 2005).

Make sure you visit them face to face because they screwed up my address and the zip code fell in a bad area and they flagged it for full doc.

That way the only thing you have at risk is your earnest money, which you should keep at a bare minimum anyway.

Lets face it..

I assume there are some individuals in this forum that have faced the predicament that I am staring in the eyes...corporate job verse independent investor.

Just another rule of thumb, but this is 3.25% of cost and on it’s face, a deal worth considering.

In case anyone missed it, credit union, credit union.If the rental property is rented, the rent can be applied @75% to help Your dti ratio, but I haven't seen that help lower the down stroke.Your best bet is to shop with out credit pulls, make face to face appointments, sit in the hot seat and follow some of Jimmy Moncrief's podcast suggestions, even though they are about commercial lending, His advice is solid.John