They do sometimes start with listing prices over BPO recommendations and they tend to decrease them over time to assure they get as much as possible.

I much prefer working with a lender of my choice who will service the loan long term.

It is not at all true that Fannie Mae doesn't sell to investors -- a very significant chunk of properties are sold to investors -- but it is true that they have a preference for owner occupants.

Good luck and I assure you this is the right place to start.

The title companies are really helpful in assuring that all i's are dotted and t's are crossed and everything is legal.

Portland, we need an electrician, preferably a one or two person shop that doesn't have the overhead of a large commercial outfit.  

I guess it boils down to personal goals and preferences.

I'm open to making it my first rental if that makes sense, but my preference would be to just part with it and get my money back.

Hey guys,I have a few real estate investing books...but I was wondering if anyone could recommend a book that specifically deals with not "investing" buy more about a newbie buying a used single-family home and the steps involved from start to finish (preferably talking about the FHA loan process as well)...thanks!

I'm also unsure if I should use a 203k loan to finance the rehab, I'd prefer to do the bulk of the work myself and bringing in trades when needed and then refinance to get cash out when we're ready to purchase the next MFH, so I could see there being more savings if I self finance the renos through one of my 0% apr credit cards or just pay cash.