Either I am in a unique situation or people just flat out lie about how easy they were able to get a loan and what their credit situation is.

My circumstances are quite unique and I'd be grateful for any advice.I'm a UK resident currently spending more and more time in the US as my business (not real-estate related) develops over here.

Was that school loans, mortgage, or a combination of things?

Combine these life events with "owner-financing" and you will be amazed just how you can pick-up nice income producing properties, with little or no money down and solve your financing problems!"

Currently, I buy in three markets -- one is purely MLS, one is purely off-market and the other is a new market where I plan to use a combination of the two strategies.So, what is your market telling you right now in terms of how best to find deals?

The banks I deal with want separate financial statements on each entity and a combined statement.Common Disclaimer: I am not a lawyer or accountant and I do business in California.

I've seen some unsavvy investors who will pay over market value for distressed properties (and even non-distressed properties), but I can only think of one situation in the past 6 years where I've seen a retail buyer pay well over market value.That situation was a bit unique in that the house was out of place for the neighborhood (much nicer) and even though the appraisal probably would have come in 10-15% below what the buyer paid, I still think it was a reasonable price given how much nicer the house was than the comps that would have been used.

I don't know if this is a common thing, or may be it's just a pure coincidence that I came across a few times just in the last two months.When I schedule with a listing agent to see a home, and most times it's either a short sale or REO, especially a REO, the home is vacant and you have a lock box with a four digit combination code.Now once in a while I will be at the property on time and the agent's running late, and I would get a call from them saying "go on ahead, the code is xxxx and I'll be there in 10 minutes".

I ended up combining some of your suggestions, the tenant agreed, and I hope helping her works out.Here is what I did:- Did not accept Last month rent as December payment.- Offered to accept half of Decembers payment along with a late fee pending from last month (her first late payment) as well as a late free for December.- The other half of the rent would be payed in two additional payments, one in January, the last one in February.I am hopeful that she understand the flexibility we have applied to help her out and that she do her part as agreed.Thank you for all your great comments and suggestions.

Most of the conventional lenders have a product offering that combines a mortgage and HELoC together to enable you to dray out up to 80% of the equity from a property.