As a landlord I look to learn more about flipping and the challenges of finding and keeping good contractors, what makes a good wholesaler, etc.It probably would be a good idea to prepare a list of you feel you might need some help with.

I wouldn't think you could get a short sale done in a couple of weeks....If you can get an offer prepared and into the bank with the proper paperwork to get the short sale process started, the bank is likely to put off the foreclosure for some period of time (60-120 days) while the offer is considered by the asset manager.

Hello All Landlords/PM's, What tenant screening program do you guys use?

I've been analyzing some deals and the possibility of using Homepath financing.I know and have looked up the basics of the Homepath program but wanted to hear from BP nation your experiences and thoughts.Also, has anyone been successful in getting the asking price down significantly or is negotiation limited because these properties are government owned?

My fear is too much press and hype will bring more ill-prepared investors into the arena and drive up prices.

I guess my situation could be worse, but I have a great multifamily under contract which very conservatively needs about $20k worth of work to be 'nicely' fixed up- new stucco, paint, carpet, updating bathrooms and kitchens, etc.The problem is I already have an FHA loan, and won't qualify for the ideal FHA 203k program.

So there is a flaw in the search program.

Several are part of due diligence studies I am working on right now for clients looking to get points reductions through Texas Department of Housing financing programs for low income apartment housing construction.

Be prepared for them to call the line.

The only expense would've been taking a little bit longer to become self-sufficient, but I certainly would suggest that to all the young investor starting out now.I feel that I have done everything I can to be prepared financially for the ups and downs in the economy and if you research previous posts and threads that I have entered into you will understand my thought process and hopefully the methods to my madness!