It's a little harder to rent in November and December but not impossible.

Although its not impossible, I think it world be unlikely there would be 20% equity in 2 years.Adam

It is virtually impossible to do from overseas although there are some online banks that make the process possible - but if they have no way to confirm your identity (credit check, address confirmation...) federal regulations make it near impossible.

It means you can not borrow money, in turn making it impossible to get a house.

I put a full ask offer on a houseFor 121kArv 248k....They want the principal to sign the offer (owner of the llc)Wouldn't this make it impossible to sell the llc to another principal before closing?

It's not impossible, but finding the right contractors and management company are becoming a chore.  

Hi Jesse,If you can fund the deal on your own, the alternative would be to partner with other investor(s) who can put down the funds or/and have enough good credit for getting the mortgage.You would negotiate the terms of your agreement so that the deal makes sense to them and you.But for you buy and control the property on your own is almost impossible.

It would be much more difficult if the house was finished and it was impossible to re-wire and re-plumb. 

It is sometimes impossible to save them.  

I bought an Owner Occupied only unit in 2006 and when the economy went south in 2008-2009 it was impossible to sell.