Looking for a loan and am curious if all lenders have resorted to creating a laundry list of fees.

Hello, All!  

We set up our infrastructure and are very organize and thorough, and through the year we made some significant progress and went on a learning phase to get better each day and closer to our first deal.As foreign investors we have to rely on hard money which gives a less edge, and face uncertainty with contractors not knowing real pricing and such.We are constantly on the look out for new investment opportunities.The problems we are facing right now is not knowing good contractors and the high competition on the MLS.We just started learning more about off market properties and sending direct mail.We would like to hear from your experience what should our next step be as newbie investors, and if there are some foreign investors here with tips.Thank you so much guys, best of luck to all! 

Thanks for providing all the information here.

In all reality it is as simple as that.  

Hi All,  We have recently moved to the Springfield/Branson area and are just under contract on a home with an FHA assumable mortgage. 

Essentially all of the focus is on the approval process.

For example, the house is old so if they see all new PVC plumbing in it and there was not even one permit pulled for that, you can be sure it's an issue.Here in Hollywood, Florida....I know a guy that purchased a home. 

I want to make sure that the process and documents are all proper and we don’t miss anything. 

As a landlord you want to be knowledgeable of all the moving parts.