You don't want to allow that.Can you verify income?

For this Blank can give you the investor 40% return on your initial Investment.

Ask your lenders to call their fannie mae rep to verify what i am saying. hope this helps and best of luck

This way you have one closing with the final buyer and only have to wait the initial seasoning period.

If and only if the deal passes this initial screening does it merit a closer look.

Initially I was looking in Rochester.

Verify the value of the property.

One other thing, if they are responsible for the utlities, make sure you call and verify they have been place in the tenants name before you give them the keys.

The FLEA provides for extremely high levels of cash flow relative to the initial investment amount while still maintaining high internal rates of return.

Matt,I agree with Ryan that starting with a smaller deal to gain experience would be a good idea.In my experience, sellers often grossly distort the truth about the NOI, so you will need to verify that.