Beside selling the properties, is there other way to maximize our buying power?

To a California guy, that is a wild concept, I know - but it is fact.So, in my opinion, a  4plex makes more sense (more people paying rents) - and in Bakersfield, you'll have plenty of comps.To a lender, it won't matter 1-4 family is all the same.So think of performance ration - in a duplex, you are living in one, you tenant moves out - you are paying the whole boat.  

As long as you have your power triangle in the kitchen you will be fine!

This is a great start to get you pre-approved and this way you'll know your buying power and you can move forward from there.Also check out my interview on the Joe Fairless Show, the link is on my profile.I hope this helps and have a great weekend.

In my state, techically it is not legal, but all he would have to do is get a limited power of attorney to correct it. 

I would start with understanding how a power of sale works and your judicial and non-judicial processes.

I would would think moving forward that investors would have more negotiating powers with banks or sellers as prices continue to drop and get a cheaper price then say 8 - 12 months ago...Thank you both for your replies and opinions. 

I am looking for advice at determining value of a residential boat slip.  

I am in the same boat right now buying a duplex and living in half with a FHA loan.

Neda Navidnia There is a 25 acre piece of land with frontage on Lake Conroe, waterfall, personal boat launch, 2 storage barns, fence with horses, round pen, bass filled pond, gated entrance.