My thought is that he knows his information is bad, but his whole company and platform is based on never using debt.

It might state you are applying at ABC Bank for an 80% LTV loan with up to an 8% interest rate with a loan of $XXX,XXXSo, if you don't qualify for that loan, or you cannot get the interest rate stated, or maybe the appraisal is too low to an 80% LTV loan for that amount then you can break the deal because you can't get the financing you anticipated but instead you are CHOOSING (based on advice of the loan person) to switch lenders.

I've helped over 100 people do this strategy from out of state and country (primarily Canada, France, and Israel).

Hello David, I am an investor based in Charlottesville VA.

I think it's good they are communicating.

I have brokers lining up some pre-approvals but wanted to see if anyone has had some local success with conventional financing or some type of rehab based loans. 

The requirement for the Section 121 exclusion of capital gains on the sale of a primary residence is indeed based on exact dates, not just the calendar year.

You came to the best possible place to grow your network and knowledge base before your first property.I'd recommend checking out local meetups, BP webinars, and BP books.

Unless there is a specific reason to communicate there is no reason to.

Those fees are based on the whole price of the property so selling property with 20% equity can shrink down to 10-15% equity pretty quickly which means you lose between 1/4 and 1/2 of what you made.