So far, I've been using either cash or conventional mortgages for the purchases, but I'm slowly running out of money and most traditional banks I've dealt with have rules/overlays that prevent them from doing new loans when you already have four in place.All of my present rentals are SF houses, but I'm considering getting into multi-family (i.e. small apartment complex).

Regulations are like a lock on a door, they simply keep honest people more honest when there is an oppotunity, they don't prevent bad people from being bad.

And, if they ask for another extension, offer them another week or two if they put the entire downpayment (20% of the purchase price) up as additional non-refundable earnest money.While you didn't ask, here are 10 things you can do differently in the future to prevent this (this was going to be a blog post, but this seemed as good a place as any to post it):1.

This should set them up with the idea that I take care of things, and expect them to do the same.And I agree, good tenant screening, especially the in home visit is the best preventative!

But they couldn't prevent me.

I've always been under the impression that they do this to try to prevent double escrows/wholesaling.

. - I could have room to build a garage - Prevent some business from coming in next doorCons:- Price seems high but I might not be up on my property values.

Once the tension cables are exposed, and begin rusting, is there anything you can do to fix them or repair them and prevent them from snapping?

That will hurt your credit and probably prevent you from buying a house for two years after the short, but might avoid being out of pocket $20K.

Prior to taking the deed in order to prevent further liabilities.