That sounds smart to wait 4-5 years and cash out for a big profit, while getting good cash flow in the meantime. 

If you're waiting for a 4plex to pop up on the MLS, be ready for the competition!

Also, if the investor wants to get keep getting cheap houses from me, then she won't cut me out for a measly couple thousand dollars I hope.

For the most part, houses around here are not pre-FHA approved and very few sellers will wait for approval when there are people walking up willing to make large down payments or pay all cash.

There are thousands of banks across the county and many other types of lenders.Well Fargo just sounds like they are not that hot on the idea.Find a lender who wants the business if that is the way you want to go with placing new debt on the property.Have you tried U.S.

Not say it’s not a good investment but you have to find a way to put food on the table while you wait and you have to get that big initial capital.

We have the signed assignment agreement back and are waiting for EMD and the Wholesale Fee to be delivered to title by 4 PM today. 

We've ran through a few different ideas this morning, including just waiting it out, but just on here making sure there's not something obvious we're missing. 

@Adam Widder If you want to be an investor and do not want to wait 2 or more years to start from the day you get back then you should also be concerned with your type of employment. 

Waiting to hear back on utility costs..Here are my calculations:Purchase Price=300,0000FHA: 3.5% Down=10,500Payment= $1470 (not including insurance or taxes)Taxes=$2k/12=167Insurance?