Make sure you understand exactly what they want to see and when, all through the build process.

Even so, they were able to help at times when I had technical questions about the legal process.

Unfortunately, that is an expensive time-consuming process.

Purchase price: $450,000 Purchased property out of foreclosure, had problems with holder over tenant, but has been resolved, will rehab property to rent at FMV What made you interested in investing in this type of deal?

Hey BP, I recently purchased my second investment property!

I have been in the search of lenders with low or no minimums for purchase/ refi. 

You also will want to stick to on market properties at first because the purchase process and evaluation process (namely title and inspections) will be more defined.

The broker/LO misses something that gets caught late in the process and blows the loan up.

Purchase price: $220,000 Cash invested: $100 Sale price: $225,000 Wholesale: 2 build property to a Developer.

I would be thinking about future loans as I plan to do purchase another property soon after.