Or you can buy now and get paid while building equity via principle recapture. good luck!

I want to owner-occupy a multi-unit property (I'm looking at anything up to four units), and I've already been pre-approved by a lender for an FHA loan.

I would be pissed if I paid $450 for that and couldn't even see it.

I hear a lot of people say that you should have your financing in place and be pre-approved before looking for deals and securing a deal.

rents are currently about $700 for a 1/1, and $810 for a 2/2, all bills paid.  

Tax liens, pre foreclosures with equity, absentee owners, properties that havent been sold in a long time, property in probate, reaching out to the beneficiaries or successor trustees of property put into trusts when the trustee dies, befriending a divorce attorney and asking them for leads, looking through the registry for loan modifications usually these people still cannot keep up with their mortgage.

I had paid over $30k in fees last year to have someone bring be a qualified buyer for properties I was selling. 

Hi, I'm looking for investor-friendly CPA in Overland Park, KS area.One of my immediate questions is how my LLC (partnership with two partners) can write-off interest paid on a mortgage that I took on my name?

I don't see someone buying this type of property when there is not much money to be made even after you put in and fix it up it would be worth about 75,000 and the note needs to be paid which only leave 7,000 profit which doesn't include closing costs and of course anything I could scrape off.

Since its been foreclosed, no taxes have been paid to the city.