You can only obtain Conventional financing (Fannie Mae) when it comes to investment properties, and when it comes to foreclosures, they're pretty strict. 7 year wait for Financial Mismanagement and 3 year wait for Extenuating Circumstances (the second one can vary from lender to lender).A deed in Lieu of Foreclosure/Pre-foreclosure Short Sale will have a shorter waiting period (like 3 or 4 years)Another issue would be if she has also filled bankruptcy at the same time of the foreclosure - this would have further delayed the bank from repossessing the home.

You could then refinance the property and withdraw your capital back out of the company with minimal to no tax implications.Best to sit down with your accountant and real estate attorney to devise an organisation that makes the most sense for your longer term plans ... and a path of how you will get there.

There have been nightmares with these guys, but yet some say it only delayed the process a month or so.

He's retiring so having the income stream may be of use to him while also helping him to minimize any taxes he'll be incurring due to the sell off of his portfolio.

"How to Choose and Investment Market and Minimize Your Risk" and "How to Invest in the Best Real Estate Markets and Live Where You Choose".

I can't delay my move out inspection either.

Closing is delayed the first time.6.) 

Short sale negotiator office was suppose to send buyers atty P&S, but we received word that the signing of P&S would be delayed a couple weeks because bank needs to produce written approval letters.

Other than increasing my return a bit higher than this 6-7%; is there a way or ways I can minimize my risk i.e. taking a higher position (1st), taking collateral, offering in draws in conjunction with the build, ensuring there is plenty of equity along the way, and ensuring that the builder has at least 20-25% skin in the investment with me?

make sure you account for the time delay it takes for you to request the custodian to take action and it actually getting done.