Aside from our Long Beach Co-op, it’s nearly impossible to scale here because we’ve been priced out of this market and will probably be forced to move. 

Presented by the BiggerPockets Podcast co-host, Brandon Turner, it covers a different topic every week.

My family and I have been looking to purchase a co-op/condo since August 2015, and the market is incredibly intense: low inventory, high competition from all-cash buyers.  

Get a call from my postcards and talk to seller2.Go see the house3.Negotiate a deal and make an offer4.Offer is accepted and I sign Purchase contract with seller5.Start Title work on property6.Send out information about the house along with comparables to my buyers7.First one who responds that they want the house I sign a contract with them (Assignment Contract) and have them send me earnest money check ($1,000)8.Buyer and I go see the house9.Buyer takes Purchase/Sell contract to Title co to start process10.Buyer sets closing date with title co11.If buyer wants to do an inspection this is done at buyer expense12.If buyer not happy with inspection, can back out but loses buyer’s Earnest money13.I have option at this point of renegotiating with seller based on inspection results or leaving the deal and my own Earnest money with seller and moving on14.House inspection is fine, Buyer and Seller go to Closing15.Buyer brings Cashier’s check to closing written out to Title co for amount owed to seller16.Buyer brings Cashier’s check to closing written out to Title co for amount owed to me17.Buyer brings Cashier’s check to closing with amount owed for closing costs18.Buyer leaves with title to property and Seller leaves with Cashiers check19.I go later and get my Cashier’s check from the Title Co.

You many have to pump up your income to qualify for the loan you want/need or find a co-signer.If you have not already done so you need to 1)  reach out to an agent and get a listing alert, be prepared to make an offer same day, you can always pull your offer if the property does not pass inspection.  2)  you will also need to find a loan officer or mortgage broker to get prequalified for a loan.  

also make sure to use a  relaistic  future  property  tax  figure and not the   present  property  tax amount  ...since this  sounds  like new  construiction - you will need to make sure  you are  using a  realistice  tax  figure  .....avoid FHA  as this  add   costs to the loan ( UFMIP ) and  the higher mtg ins ....maybe ask a relative / parent to  be a  non occupant  co borrower ?  

There are no rules, but as many other have mentioned 10% of the equity is a benchmark for a co-investment.

We (family) are in the process of refinancing a 152 unit apartment complex and have some very attractive offers.  We will remain below 50% LTV even after the refinance.  Is there a reason to prefer agency lenders over...

There's 4 co-workers staying at 4 apartments pretty close to each other in an apartment complex. 

When you say that the title co sent you an amended report with this removed . . . did they list this as an exemption on your title insurance policy, or they removed any mention of the lien from the soon-to-be-ex?