I wasn't going to put anything in there about a cash purchase or quick close because I don't expect these landlords to be in a financial pinch where they need quick cash, more that they'll just be tired of landlording and hopefully ready to unload a damaged property at a discount. 

That's financial freedom and the freedom of time.

Take the time to fully explore which direction is best for you financially.

He stated that this company is owned by Fidelity National Financial (so a secure bank!).

Don't forget to get the financials lined up as well as the appropriate reliable Property Manager on the ground to be able to manage the asset.Good luck.

I recently purchased a 4-plex and would like to start setting up for purchasing at least 15+ unit building in the Minnesota/Wisconsin area. I am wondering how cash reserves are reviewed for such a purchase? I would be...

There is minuscule chance, an average Joe who wants to be successful in Real Estate, other than borrowing money from family, having many friends, raising capital via syndications, creating a Corporate Entity, ( which ...

Thanks for the financial calculator recommendation, I just ordered one. 

I know the banks are tough but once you get your financials in order and have a good cashflowing property thats been rented for 6 months or longer you will eventually find a good bank to partner with.

We want to live in a neighborhood that is great now, even if that means making sacrifices in other areas.The question for us then becomes, how do we make the smartest financial decision considering this criteria?