Considering that 60% of Americans can't come up with $1,000, the likelihood one of your tenants will have $3,000-7,000 to move a home laying around is low.Good Luck with the park

@Amir Vahab You might want to join the American Association of Private Lenders.

The judge wants to make sure that the law was followed so as long as I have served the correct papers at the correct time and in the correct fashion I will not have a problem. 3. 

I made an offer on a property and in the counter-offer it had this exemption: "Buyer understands that an issue with the title has been disclosed by the seller; said issue First American Title Company of Texas has previously agreed to insure over. 

Old fashioned landlines sound the best but the difference is so tiny that it wouldn't affect my decisions one way or the other.

Thanks @Carol BloomHave you tried american home shield or Select Home Warranty?

Seems to be a very smart way of marketing this program and preying on gullible Non-American students.

Im not saying you're wrong and you cannot say I am wrong because we hold different perspectives and choose to put our money in investments in different fashions.  

Pics to follow.Purchase Price = $160KMonthly Rents= $1980 4x 2bd/1ba ~750 sq ftRehabPreclosing repairs= $6500 Roof repairStucco workPostclosing repairs= $35000 Exterior: structural repairs, stucco, paintTwo central ACTwo Full interiors (flooring, spackle, paint, doors, bathrooms, kitchens, appliances)New Rents= $2620Goal is to refi > $215K for a final CoC of 23% post refi and a 10 Cap propertyLessons LearnedSearching for propertiesoBring in craigslist more for 2-4 multiunit buildingsoThere are certain realtors that specialize in these multiunit properties, get on their mailing listAnalysisoAdd 50% to all rehab costs…..and get a better contractorPicking teamoRealtorRealtor with experience in multifamily properties and also invests thereoProp ManagerPay for the system not the personGet them in the loop earlier during due diligence to determine better proforma rentsUse their expertise in legal matters to develop your tenant/lease situation and way forwardoContractorGetting the work done in a timely fashion could be more valuable than shopping for contractors for months.We had a long closing timeline that we could’ve have set our team better and poised them with good gameplanoLenderPresent a professional document compilationLook into mortgage brokers for future flexibilityLending packageoLoan documentsoPersonal finance limfacsVery clear guidelines between partners concerning capital requirements by certain datesoInclude gameplan for the property for your lender with appropriate numbersMaking an offeroPrice options (all in same offer, give them choices)Conventional with discountSeller finance less discountCash offer significant discountoOther ClausesDue diligence doesn’t start until you get all of your required documentsClosing TimelineoRepairsLean forward on your contractor and book their time, oDocumentationSave before/after pics, invoices, tenant notice documentationoTransitioning property to LLCGet you lender in the loop asap to determine their specific protocoloMoving money for closingEnsure that if you’re working out of state, that you can do online wire transfers!!!!

They were called 'Colony American Finance' and have a good reputation and much quicker turn around times usually 7-10 days and I was told that they'd be able to accomodate quicker turnaround times.