Price per foot is crazy, and the area dosent support the rents necessary to put any money in your pocket at the end of the month.

Not bad wages.Of course, this assumes everything works out just fine and a 5 CAP is enough to support the debt-service/equity partner payouts. 

Thanks guys ,Yes i have  multiple offers ,5/7% above listing price.And I’m afraid that appraisal will not support.

Thanks for your support, experience, and insight. 

Scrawled and not even on company letterhead.I LOVE the support I’m getting through BP its the greatest. 

Get my LLC setup and have full access for support for 90 days.

Must be able to read people and establish relationships with trusted vetted support staff and do it all remotely.

For non-vanilla non-ho-hum non-SFR properties where you need the appraisal report turned relatively fast, bids are sometimes starting at $1000 a pop, please take a number and get in line, or exit to your left if you would rather not transact (actually, consumer-driven bidding wars are not common, most common is 2 or 3 appraisers name a price/turntime combination, and you can either pick one, or not transact).If the listing agent does not sell a lot of homes, they may be unaware of this.

I'm all for supporting and shopping local but sometimes it isn't always the best option. 

I wonder if it ties into Chris’ points above from what he learned from his attorney.The simplest explanation I can provide is this: Both Dodd Frank Act, and the regulations issued by the CFPB put very specific restrictions on financing of consumer residential properties.