from the lender prior to contractingItem 2 would seem prudent if this is happening frequently in your market.

Their "policy" of 'no-decisions = no-mistakes' / 'all our employees are incompetent' frequently creates a maddening process from a single buyer's perspective.stephen--------------

., with possibly more frequent turnover.

So more and more frequently, the borrower's ability to pay is critical.

event=property.getFile&theFile=lender\1068\VAWebsiteDocuments\flyer\vavendeeflyer20110114095535850.pdf&fileFolder=file_library&fileType=pdfThe United States Department of Veterans Affairs has contracted with Bank of America Loan Servicing for ALL foreclosed VA homes nationwide.We make our offers through local real estate agents.Here's another govt. link to frequently asked questions:http://www.benefits.va.gov/homeloans/faqmisc.aspChris, good luck in beginning your real estate adventure, and I believe you made a wise decision to include BiggerPockets in your online readings.Bob

The laws are changing frequently at the state and local level.

As a frequent poster on this site, I have read a lot of your posts and found them very informative and look forward to reading more.Michael Lauther Due to the high initial costs of property in this area, I'm thinking long distance investing might be something I will have to do.

Advisors Recommend Holding the Property for 12 Months or More Tax advisors frequently recommend that you hold the subject property for at least one (1) year to prove your intent to hold the property for investment.

But, when I do inspections, I frequently find that the tenants have taken the batteries out.

By proving he's a good and frequent buyer, he can get directly alerted to new listings and get offers in quickly.