KBKG also offers FREE audit support and FREE use of their 481(a) depreciation software which produces the attachment schedules that are needed to file the IRS Form 3115. 

We just made an offer on our first deal.

Purchase price: $5,000,000 APR CAPITAL MORTGAGE private lending offers unique advantages, and provides loans for Real Estate Investors.

So in the words of Ned Carey and my favorite post response of all time; "It depends".So first let's start with it will probably take you 4-6 months to research, find, get qualified, get an accepted offer and close on a property.

I like to use local lenders because they will know the rental market and local agents will know the lender can get the financing done making your offer slightly stronger over using a national lender. 

I have a lender offering 75-80k ltv.

Even if rates rise slightly, securing a historically low rate now offers financial stability and savings compared to past decades.

They drew me in with their offer of being able to pull out as much as 95% of my primary property's value in a HELOC.

One thing that might be faster, and may mitigate further damage, is to offer him cash for keys.

Hey Andrew, conventional loans offer lower interest rates but they require 20% down payment.