Liens stay with the property, so if you are the (new) owner, you will have to deal with them if you plan to refinance or sell.

That is why Im looking at doing the whole deal cash only, since financing would bring high carry costs.

If you have the income to support DTI requirements, Conventional investment products will provide the best deals.

What made you interested in investing in this type of deal?

It's not uncommon for buyers using FHA products to face rejected offers or the need to significantly sweeten deals to compete with those favoring conventional loans.

They get the deal, but how to present it to the lenders is a problem.

What made you interested in investing in this type of deal?

(Not a big deal if the home as a big chunk of equity).The other optrion if you want to buy an investment is take your $15k and partner up with a family member or a friend and go 50/50 on a investment property. 

What made you interested in investing in this type of deal?

Nice mixed use property came up for sale practically in my back yard in rural, south of Pittsburgh, Pennsylvania.  10 residential apartments + 3 commercial spaces.  They are asking 950K.Gross rents: 100,800Utilities: ...