Whether you are a veteran looking to buy a home or an investor seeking the right funding for your next deal, I am here so put me to work.  

A lot of agents don't want to have to educate someone who is broke and has dreams of financial freedom through real estate just to find out you can't buy.

Quote from @Steven Catudal: Hi all,My partner and I are looking to buy investment properties in Alabama, specifically Birmingham.

It specifically says it is not for real estate investment, but I believe you would be buying an operating business vs just real estate.This is so helpful Michael, thanks so much!  

Investment Info:Single-family residence buy & hold investment in Stigler.

But this will depend on the area that you are buying in.

I wouldn't recommend setting up an LLC out of state if you are buying in Tennessee unless your tax advisor is looking to help you on strategy.. but from a numbers standpoint, it really doesn't make sense when you start adding up on all of the annual LLC reporting fees from different states and then it starts cutting into your cashflow.

But yes, I would find the houses, submit, get an offer from them with a signed PASA, take the loan through them, and after reno was complete, they would buy the house.   

Which do you think will be more competitive, buying from wholesalers or your own referrals?

If you are buying from HUD, you will be contractually obligated to occupy the home for 12 months.