In my opinion, the 203K loan program is designed to allow politicians to claim they're doing something real about urban blight and to enrich contractors who carefully work the system, not to help ordinary folks make wise property investments.

It blows my mind how that same money invested in the states can get you a 3-10 door building.Its my dream to own property in the states, but i can't get u.s lenders to invest in my endeavors because I'm not american, or if i can, i'm not sure how.

Took American Home Shield 6 months to replace every possible part on a 20 year old pool heater that was heavily rusted in the heater can (never replaced that, did they?).

News completed a comprehensive evaluation of the country's 125 largest metro areas based on how well they meet Americans' expectations for retirement, including housing affordability, desirability, health care, job market strength, and overall happiness (no kidding, it's in the article).

Have any of you ever heard of or had experience with Alliant, American Loans & Mortgages, Angel Oak Home Loans or Caliber Home Loans?

It is not out of the ordinary.

4) Extra-ordinary large late fee/delinquency that will turn into vacancy in downturn5) Comparable cap rate to other properties in the area6) Payroll cost with your intended property management property. 7) For smaller properties, does it entail part-time employees8) Age of property including whether it has chillers, flat roof, which all add to potential expenses. and much much more. 

Rachel Connelly Coldwell BankerJason Zook North American Savings Bank non-recourse loan

Yes if it was simply a flip it is taxed as ordinary income.

I asked this same question a while back.Search "American Home Shield."