For the first time this year bank-owned property sales saw an increase, up 7%, with 147 recorded for the month compared to 138 last August.Investor purchases accounted for 19% of all home sales in Shelby County with an average sales price of $74,898. 45% of investor purchases were made by out-of-town buyers, with 38 properties purchased by CSMA BLT LLC, the leading hedge fund owner in Shelby County.Following is a breakdown of August home sales by municipality comparing 2017 figures to 2016:Home Sales by MunicipalityMunicipality#of Units SoldAvg.

Is that true for all banks or is this just with Navy Federal Credit Union? 

Sometimes you might use a HML for speed of closing, if that is that is what will win you the deal, since a bank would take longer.

Hello BP,Does anyone know banks besides Pentagon Federal that will do a cash out refinance or Home Equity loan on a single family rental in MIssissippi.

In short the creative finance world is a way to buy property without going to a bank. 

I'd take this on in a heartbeat and enjoy myself the entire time.

I will provide a packet as I would a bank to show my income and credit which is very very strong.  

So I guess not technically a closing just a nice wire into our bank account. 

From there you will narrow down your search, the bank will impose a price limit.

Also if you have a bank that will lend with a 30 year Am on a commercial property let me know....