In 2 out of 2 tenants w/ sec 8 they both were kicked out of the program.

Ken Latchers - Thanks for the feedback, I really appreciate it- I'm pretty sure I addressed or have thought about your concerns at this point-1) I found a cost effective HSA/high deductible plan which should fit well, 2) Agreed- the lack of recurring, reliable funds is a trade off 3) I will have $50k in cash reserves, plus already have a RE LOC at $50k, credit card max of $30k, and 3 F&C properties just in case, 4) I have already secured the funding to continue growing over the next 18 months at the current rate of 2 properties per quarter.

I know they use it for lending under Harp and other programs used to refinance.

My husband and I are apartment dwellers in Los Angeles and do not own any property, but are looking to purchase a rural foreclosure as our own "vacation" home - we found a place we like, just listed, subject to Fannie Mae's "First Look" program, which stipulates owner-occupier only.

Marie, I cant buy all the property that fits my strategy in my farm area.

I have just enough to get by.I live with my parents for now until I get a secure job.I have an internship with KPMG for 3 months and then I will knowto start full-time or use the internship exp for full-time with another company.I'm looking for a job that will give me the skills and help me get by we are talking at least 40k a year.I know accountants start off 47k-55k a year but I'd rather take a paycut to learn about how housing properties are valued, what tools/programs are used, licenses to pass, etcPlease keep these posts coming.

If I run across a deal that fits your criteria, I'll be sure to let you know.Also, how are you planning on funding your investment properties?

Hi I am looking to see if anyone has any creative ideas here for me on my rental business and financing.I'm doing RE investing in Los Angeles.I have a business that has been going for about 3.5 years now where I buy houses and rent them out to guys in a self help program for a year.

If I were your wife, I'd be looking for ways to reach out of area buyers that think $70K is a bargain.That is a great suggestion, as an investor I don't see a deal in it either but to help my wife sell, the demographic you mention is a perfect match.Marketing to UT families is where we will start, however if you know any parents that fit that criteria we would love to talk to them.

Waterfront lots do sell and Wells Fargo and BB&T offer programs for folks to purchase lots with the intention of building but it is not construction or construction permanent financing to the best of my understanding.Good luck.