Here is the banks reply,"Hello there, I do have new construction programs rolling out at the end of this month, however, these are only for single family dwellings so they wouldn’t allow you to build the type of triplex or fourplex that you are looking for, I think you would have this problem with any bank.

Towns near malls or train stations etc or neighborhood with mostly blue collar workers?

The parcels are mostly rural vacant land.Our software is in three separate modules 1) Manage the inbound acquisition inquires (CRMish) and the acquisition process. 2) During that time engineering completes maps and other graphics and files to get it ready to sell.3) Then sale and then post sale payment management.Do any of you folks use an out of the box program that brings you into the 21st century?

I have a feeling people are over extending themselves just to get into these markets so that they don't "miss the train" and once rates start climbing....pop?!

At the end of the day, they then tell you that if you want to know the secret of how to do that, you can take the training course.

I haven't done my research regarding the cost/ rent capabilities out there yet so maybe once I see that I'll be right on the "no Chelsea" train along with you.

Thanks everyone, for you guys that are thinking about it I do have a coaching program now.

But I am being given different answers when I ask about selling with a HERO Program Loan attached to a property.  

I have been speaking with a company called Go Hard Money and they are asking for $3000 to get into their program.

If you are not serious about a tenant paying late stop complaining about them paying late.Tenants only do what they are trained to do and you have trained your tenant to pay late.