Unless I lose my job tomorrow (knock on wood) I just wont start borrowing time from work, and money from the wedding fund to get out there.So while I wait and save up money, I decided to take the real estate agent courses.

So if i'm correct I should first work out if the property will gain me cash flow then see what the CAP rate for me at that time would be and if its in the 5-7% region it will probably be able to be rented but if its suddenly turns out in my calculations to be 15% I should not jump up and down for joy but simply think the rent expectation is too high or I wont be able to rent it continuously at that desirability rate in the future.

@Nadiya Lonkevych I have a condo and going through similar financing voes.I wont mind getting on a call to share my experience, I just met a local lender who might be able to help you.

That still wont get me a stall , which is what I really need.

I wont make the first meeting but I will certainly be joining for the next ones. 

I am in a situation where I have a high credit score.And would have a downpayment.I am looking multi family /small apartments in the indianapolis area.Conventional financing wont work right now for me, so I am looking for a lender, who will loan on the deal, at above market rates, say 7-9 percent, 30 yr ammor, 3-5 yr balloon.Does this exist?

He is a great landlord, just suffering from a piece of **** property manager who wants to screw people over.

4) Investors that hire solely on price will eventually suffer the consequences.

It wont be a rehab though, it's a new house with a 5 year garantee by the builder.

.++ Sometimes it dosnt matter, the FNMA agents I know wont 'double end' buyers because they are afraid it will look bad in the eyes of the almighty FNMA.