i dont know of any banks allowing a seller to hold your downpayment...not saying its not possible, but most want skin in the game....good luck and let us know :)

I've placed what I thought were good tenants in my rentals only to have them make a mess and leave me with utility bills.

After 2 years, you have a choice... you can either refinance your FHA into conventional (NOO will typically only loan to 75% LTV) and do another OO FHA... or you can buy your next OO place conventional (typically 20% down) and leave your funding as is on the 1st place.

If it's your deal, try to get it low enough to meet your buyers criteria and make your spread while leaving meat on the bone (hint: what buyers say doesn't necessarily match their actions).

If you don't have a Federal Identification Number, do you just leave that blank?

Without a relationship, they'll generally go about 65% of purchase price... with a relationship they'll go 65% of ARV.If they don't know you, expect to be paying for the rehab on your own and putting skin into the purchase.

Jon has been an incredible asset to the community, and I hope you'll leave some appreciation for his efforts in keeping this place running smoothly.It is not an easy job that we have in keeping our community second to none, but I do believe that there is no other real estate community that comes close.

On Sunday, I met a real estate agent who showed the foreclosure, listed for $89k.After gushing about her credentials (she is on the state board), she mentioned that she's received 3 calls about the property so far and that there is a lot of interest.After looking around, when I was leaving, she casually suggested that I offer $100k.

There are 92,000+ Fannie / Freddie homes at any given time in the pipeline (July 2011 stat) these homes have a 120 day turn time with a constant set coming in and leaving.

You don't leave yourself a lot of time for due diligence and all the other minutia that goes into closing a deal (considering 4 or 5 deals).