HM lenders do not want to lend out anymore money then thay have to so you need to be creative.

My father is going to occupy the maids quarters which is really a 1 bedroom standalone house in the backyard. the main house is not a duplex, but a 3 level house that has a 2 bedroom on 1st floor, 3 bedroom on 2nd, and 3 bedroom on 3d.It is 3 separate apartments and for whatever reason the previous owner had 3 separate electrical meters put in.

if you want to learn creative investing you should start with this forum, if you want to learn buying and selling then you should pass.

Any suggestions or creative ways to go about doing so would be greatly appreciated.

In the master bedroom alone one outlet will only have two wires (1 black and 1 white) the next outlet will have six wires (3 black and three white) and the next will have 5 (two black, two white, and a green ground)Confused.

Until Rich Dad, I never new what a wholesale was, how to negotiate with banks for short sales, and never would have heard about Lease Options (which I am still researching), or creative financing.

It doesn't matter how many bedrooms a home has here, nor size.

Without it, your only real option is creative financing with sellers, which can be pretty tough these days when most sellers are upside-down on their mortgages (and hence why they're trying to sell).- Find credit partners (people with credit) who will put the property loans in their name, and give them a % of the profits (or a fixed amount) for their "partnership

Here are the details which we know of at this point... 48 unit complex (44 2 bedrooms, 4 1 bedrooms) in good condition with all new roofs and windows, and seperate heat and a/c in each unit.

All units have separate electrical and gas meters. 1st floor - 1 bedroom 2nd floor - 2, 1-bedrooms (can be turned into a 3 bedroom w/2 bath) 3d floor - 2-bedroom.It's a bank foreclosure that's on the market for $349K.