Try to avoid the big banks as they often have overlays/restrictions in addition to the true fha requirements.

Putting down 5% to avoid some of the funding fees.

New investor with General question for veteran investors -You can structure deals to avoid bank using the due on sale clause to call the loan.

@James Heacock Here are the key things to look for in a turn key company and what to avoid.If you're going to go the turn key route, in general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)Don't allow for your own independent property inspectionAre not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)Require you to pay for any renovation upfrontSell only in cheap. low end neighborhoodsDon't accurately represent the neighborhood/property classificationDon't have consistent rehab standards for all propertiesDon't provide a scope of work for the propertyCan't provide references of repeat investorsRequire you to close before a tenant is in place

Account Closed Good point, but you can get around that restriction by simply buying the properties in your own name then putting them into land trust(which avoids due on sale issues) and then assigning those trusts to the individual cells of the Series.

The best way to avoid this type of problems is to have a better screening system as Nathan details them.

Your buyer can’t finance your “spread” so he’d have to come up with additional cash if you tried to assign it, to avoid the 90 days. 

Hi @Shawn Abe- I am also actively looking in San Antonio and while I haven't yet purchased a property in that area yet, I have talked to a lot of property managers and I think if you have a good team around you you can avoid this issue.

However, I am not familiar with using one and am trying to avoid it as much as possible.

That is why I ask, to avoid taking in more than what I thought I could handle.