They make you wait 5 before being eligible after a foreclosure.PM me for details.

Details like purchase price, rental rates in the neighborhood, etc. would help a great deal.I disagree that most areas in Denver won't cash flow.

If the numbers make sense lets get together.Sincerely,Jay Feldmanhttp://www.phoenixsolutionsllc.netThis above all: to thine own self be true, And it must follow, as the night the day,Thou canst not be false to any man.

At the top of the page it says Search, click on that.Then type in "deal analysis" in the keywords boxbelow that click the radio button that says "search for all terms"Then at the bottom of that page click "Search"There you will see around 200 topics that go into great details of how to analyze deals.

Please share some details on the deals themselves.BTW - Welcome to BiggerPockets!

You need to make calls, though, to figure out all the details.

hello all, i must say i have to agree with the rest of the crowd here, but i also must say i agree with your concerns jeff88the lawyer i'm thinking about using charges $320 per hour, so you can just imagine how that fee can add up when drafting and reviewing contracts, especially with me because i'm focused on commercial real estate investing (were everything is in more detail and etc)so i guess you have to find a lawyer that you can trust and that will agree to do certain task like contract review and etc for a set price, so that way you'll know what your getting into (well what the final price will be). because the worst thing is get some huge bill for something that you know probably only took the lawyer an hour to do, but they jack the bill up to get paid more.

`(e) Requirements of Insured Mortgages- To be eligible for insurance under this section, a refinanced eligible mortgage shall comply with all of the following requirements:`(1) LACK OF CAPACITY TO PAY EXISTING MORTGAGE- `(A) BORROWER CERTIFICATION- `(i) IN GENERAL- The mortgagor shall provide certification to the Secretary that the mortgagor has not intentionally defaulted on the mortgage or any other debt, and has not knowingly, or willfully and with actual knowledge, furnished material information known to be false for the purpose of obtaining any eligible mortgage.

And just when I thought I’d found this much older / stable and experienced (falsely claimed) one…

So, unless those claims are false, then I would walk.