It was preferred to buying it before the sale with a ton of liens attached.I've seen a few done lately with private lenders, smaller mortgage companies, mouse houses(last resort lenders), small local banks, but anyone larger or national your just going to hit the "clerk wall" and have to wait for the red tape, the company lawyers trying to justify their existence, and for them to finally offer it.Really miss the old days when you dealt with the bank executives direct, they did better for the bank, and it was still good for us.

Just wait untill you start to deal with minor maintanance issues and late rent then see if it's to far.

Hello,I've been hanging around the Rehabbing forum a lot lately, but for me, I will most likely be involved in a single family detached house development.

Later, before finishing payment on the mortgage, transfered his interest in the property via quit claim deed to Joe Blow.

this is a little late for you but INTERVIEW INTERVIEW INTERVIEW YOUR REALTOR.

I'm still in the midst of finishing up projects around our house we built and moved into end of last year. 

But, now I'm glad I went ahead and finished it up now after meeting with several attorneys.

I had an entire room cry foul when I described my late fee program in Massachusetts, claiming I violated the law and that late fees were not allowed; a few seconds later on my PDA, I downloaded the specific statute the allowed precisely what I did.

The property is 4 units, all 3bed/2bath, built in late 90s renting for 700 a piece so if I keep them all filled it's $2800 a month.

Since I just started with my investment property or soon, my lease will actual be renewed next month, which I assume is too late due to the fact that it may take 2 months for closing.When I got in the investment business, I decided to late and I knew of my situation, so I wanted to put 2 tenants in a multi family and I rent until my lease if fully up, I mean with the property I am looking at will ofcourse provide me some type of cashflow - the house pays for itself and I get the cashflow from the rental income.