Is this procedure generally done with "special funding" outside the office?

I would check with a local bank loan officer as they usually can do a construction loan and the long term financing.

You will have to support that building out of your own pocket while you are renovating and while you are finding tenants to fill it.I suggest that you do not pay utilities, so if utilities are not separated, figure the cost of doing so into your expenses before you decide what you want to offer.You should be able to get a close estimate of taxes from the assessor's office-- taxes will go up when you purchase, but taxes are usually a % of assessed value, so not hard to figure.I suggest you check with the local fire marshall to see if the building needs to be brought up to code.

Right, we have presidents that can do worse things in the highest office in the country, and this kid wants to enjoy a little weed from years of hard work, and they start snatching endorsements.

FWIW, if they really want them they can get them from the state.They can't obligate your company on a loan unless an officer of your company, with the appropriate authority, either signs the closing documents or signed a valid power of attorney allowing them to do so.Who is handling the closing?

In other words, EXACTLY THE SAME.You can get information about the Section 8 program by going to your local Section 8 office and picking up a landlord packet.

I think your reputation of being a fair business dealer with people, and people will be knocking down your office door to do business with you.

Two things that I did that worked in my area was....1) I went to the local HUD office and asked to look at the book that had the info for the section8 houses.

Here's quick background on myself, I have been a loan officer, processor, underwriter and held several upper management positions in real estate; and then went on to start flipping houses but stopped '06.I been itching to jump back in, with the market the way it is.

I can say that approximately 90% of the deals that come through my office are short sales.