As they don't want hundreds of thousands tied up in escrows if the buyer will not release the funds back.Out east and mid west its kind of the opposite I were sellers expect a check right that minute at closing, this never happens on the west coast as funds don't get distributed until there is an actual recording and recording numbers..

Although most of the outline can be simply applied to future deals, this outline is for my first property while in college.Real estate Niche/Strategy Area Filter Strategy Find middle class areas with a drive maximum of 1.5 hours driving time from my college.

Are you aware that DC has some of the most expensive properties on the east coast?

welcome I am located about 20 miles east of raliegh 

Or go to East West Bank and get a 60% LTV at 4.75% with no docs right off the bat.

This is related to my earlier post - http://www.biggerpockets.com/forums/52/topics/1349...I'm about to get him to sign an Early Lease Break Addendum stating that we will meet in the middle and he will pay for one of the two month's he is bailing on the lease and damages to the counters which were not easy water stains but probably oil stains and I will need for sure that whole month to get the unit back in shape.

I am closing on a property in the middle of next month.

@Kendall Jenrette - I'm actively investing in East Atlanta with my most recent project being 636 East Ave in O4W.

I used Pathfinder Bank, to purchase a property in East Syracuse through my LLC.

Relax...we did so with the plan of refinancing it in 6 months, which we are in the middle of right now.