And when going conventional, they want the pre-approval & with pre-approval, you need to show the down deposit + 6 months reserves (taxes / insurance etc).

That keeps a running total throughout the year and makes it easy to do my taxes at end of year.Excel is a very easy to use program.

Then, on Monday I'm going to the bank to meet with the loan/mortgage guy.So, if things go according to plan (purchase agreement signed, $20k loan approved) by about when will I be the legal owner of the land?

Has the industry changed so much I wouldn't get anything out of the newest program?

The 203k program is only available for owner occupied properties.

We need to get some information for available loan programs and pricing.

We need to get some information for available loan programs and pricing.

I am not sure what the minimum loan amount is, but Brookview Financial seems to have a great program.

I have been working with some partners recently developing a new program similar to Lonnie's to teach this and we have done some research in a few states and found many deals available at very low prices.

This program of "Creative Financing" is effective all across the United States.