Conventional has the lowest rates, which would give you the ability to put more towards principle versus interest.

Maybe I am short sighted, but if I was a seller, why would I ever want to make one of the largest transactions of my life with a stranger, whom I have never seen or met in person before and only got in contact with from a piece of direct mail?

That is a well established legal principle -not likely to be different in any state. 

I think it's really really hard to cash-flow anywhere in the lower mainland so I'm setting my sights further afield.

Many investors from Ontario and out west are making offers sight-unseen.

Like I said its not the lost money, its the principle.

Joshua is 100% correct on the first deal -- no way that will work unless it's in Austin or a market in which dealers will rent lots sight unseen at a big rent.

Hi, @Hoang Bui definitely important to make sure you have a dedicated team in place if you decide to set your sights on investing out of state.

I'm very happy with the purchase as it cash flows positive which is becoming a rare sight in the Austin metro area

I recently agreed on the sale price of a MLS listed "for sale by owner" property in Philadelphia. I was able to get a good price because no agents were involved. What are my next steps? How ensure the owner doesn't se...