These days, it's going to be *very* difficult to find any closing attorneys who will do a simultaneous closing, and you almost certainly won't find any traditional lenders that will allow it...

Today he specializes in owner financing properties to individuals left behind by traditional lending institutions and giving new life to properties that scar the neighborhoods.

If they do not, you foreclose and either repeat the process or sale in a number of alternative ways.Lease options are another great startegy in that you receive profit via an option fee on day one, hopefully cash flow during the lease term, and then final payday on option exercise day (assuming they buy, if not do again).Look into this as it can provide a great way to make $ in RE, particularly these days where loans are hard to come by and many buyers do not have the proper credit scores to qualify for traditional financing.Good luck to you.

Account Closed who is an expert at getting into properties with low or no money down, I typically am more conservative in my investing and put a tradition 20-25% down payment on a property.

My neighbor had been in contact with them to purchase and was supposed to look at the property today at 11 but received an email that they have decided to put the house on an online auction site but she only has access to traditional financing.

Traditionally, we have invested in "C" neighborhoods in older steel towns in PA. 

Will real estate agents adopt a new product to sell along side traditional houses?

Will real estate agents adopt a new product to sell along side traditional houses?

@Michael HayworthPlease post up about your experience with the short term rental, would be quite interested to hear how this strategy works out for you.It looks like vacation rentals in the area run approx 40% occupancy rates - but that still works out to 50-60% more gross income compared to a traditional long-term rental.

So bankers are likely to be forced to try to generate creative ways of financing an unafforable mortgage which often isn't a sustainable solution and/or people are likely to move elsewhere.Apparently house values also increased by some 21% in Los Altos from last year according to Zillow which certainly isn't the national norm nor am I aware of traditional income growth being in that range here.