So, with the right down payment, it's possible to get a home again relatively quickly depending on the circumstances of the shortsale.Conventional is now 2 years after a shortsale, but requires some sort of extenuating circumstances and 20 percent down.

I've been looking at multi-families, and few ever get close to cash flowing with my specific circumstances, but there are some properties that could work... but only if the rents were increased.

If the appraiser genuinely thought it was worth more (or, less), the Report should reflect that.Unless the sale is a foreclosure or short sale (or there could be other circumstances), where an arms length transaction IS required LEGALLY based on the Lender's stipulation, then why worry?

@Huyen Nguyen Depending on your specific circumstance, you can do 3.5% (FHA) or 5% (Fannie/Freddie) conventional loan for a 1-4 unit residential property as long as you are going to occupy one of the units.For the property that you would buy as an investment, it will be 25% down.

Hey all new investor here from cincinnati, quick question regarding my circumstances with my FHA loan. 

Now your circumstances are different this may be worth a call to your attorney.No legal advice given.

I am a wheelchair user myself.Before my disability I worked in construction for 15yrs remodeled 1 home I lived in and built my 2nd home.I'm currently trying to research hard money lenders and any tax implications there might be for me as I am on SSDI and collect a disability pension.I'm thinking I might be able to buy a house at sheriff sale for around 70% ARV and that's assuming somewhere around 30-40k on rehab work inside doing the kitchen,bath redoing carpet and flooring and patching painting drywall throughout the house from the neglect/abuse of the foreclosed homeowner.In my research I know to check for secondary liens and back taxes.

Divorce and other circumstances or agreements can be struck in which the property is released but no document recorded.

Hello all,I am new to the BP forums but have been a landlord for about 10-yr (former primary residence turned rental) and need a referral to a very competent, aggressive and experienced attorney to represent our interest as the homeowner against our HOA.I won't post our entire sob story, however, the HOA is liable for interior water damage and associated collateral damages to our town home due to neglect in maintaining the roof.

We found some potential deals by driving around neighborhoods and making a list of houses that looked like they were not lived in or neglected.