I'm considering purchase of an REO triplex and am wondering if it's prudent to share the investment analysis from my agent to the bank I'm hoping to secure financing from (not the bank that owns the property)?

IMO it begins with an ethical conduct toward providing a service that employs a high degree of skill and/or knowledge.Seems there is a lack of knowledge that is simply compensated for by a high rate of interest and 5,6 or 10 points in making a loan decission, many seem to care less if the borrower succeeds or fails, so long as they are well secured to ensure the return of thier money with a high profit.

That way you monetize on almost every lead instead of just throwing dollars into the garbage..

Growth is the unknown, my 04 purchase is underwater, my 97 purchase is paid off, throws off lots of cash, and is likely worth at least 3-4x purchase, far more if we condoed it.

Offering security deposits in extra cash help a lot.

Hope this helps.I've been doing a lot of research on this the past year, and this is what I've found (I could be wrong of course):Material prices aren't too much different around the country if you shop around for suppliers (there are differences in areas where shipping is more difficult and costly), and labor prices are surprisingly consistent (though there is a range of about 25-35%) if you ignore the high priced areas.Obviously, there will be regional differences in both labor and materials (especially in places where climate, soil and natural conditions impact building codes), but if you ignore places like NY, NJ, California, etc, you'll find that prices generally fall within 25-50%.I see you're in NJ, so you can probably throw the prices I mention out the window, but for a surprisingly large % of the country (especially between the coasts), prices will be pretty consistent within a 25-35% range.All that said, this is a topic I'm very interested in, and would love other data points, as I could be wrong

How to Rent Your House: The Definitive Step by Step Guide Also - don't forget to throw up a picture so we can get to know you better!

From my experience the appraiser still needs to see water running in order to secure financing.

Starting today insures financial security and freedom we all seek sooner rather then later.

However, Lexis also makes it easier to access UCC filings (public notices of liens granted to secure equipment financing and the like) - which may be of no help in learning information about LLCs involved with real estate.