For us house hacking or buying at every duty station and renting them out once we were transferred made the most sense.

You make an assumption but do you have any data to back that up.

Even if you miraculously sell it for what you paid, you would lose $9 k realtor commissions and a couple of thousand in transfer taxes.

., here is just one of hundreds of previous threads about wholesaling REO's:- https://www.biggerpockets.com/forums/93/topics/150...Basically, you will need to jump through lots of extra hoops if you want to go the "Land Trust" or "LLC transfer" route.

Its not to say it has not been a success, however, I do not think it has been excellent, their has to be more and better portfolio lenders that someone on BP can define.Please share your experiences and gain better insight into the deeper operations of the elders denied, by triangulating as much data and information the BO community has.

If you aren't sure you can be disciplined enough to move the increase net you'll receive in doing so, into your savings account, then arrange for it as a direct deposit (from your employer) or automatic transfer (with your bank).On another note, you're subject line was too enticing to resist, so...FHA, MULTI-UNIT PROPERTY, AND A LOW CREDIT SCORE walk into a bar… LCS is head over heels with MUP, so when MUP nods toward the bar, and asks LCS, what she’s drinking, LCS is tickled pink and responds that she’ll have a cup of humility and promptly consumes it.

The program will cover the following topics on how to evaluate a prospective property from a financial perspective:- gathering relevant data- estimating costs- calculating cash flow- important financial indicators ( such as CAP rate, ROI ) and how to calculate them- what will a bank look for in order to issue a loanMake a commitment to join us and learn from Brian at our February 8th main meeting…and bring your team.

If you are 100% certain and the data backs you up, I would probably invest in slightly higher end (by existing standards) homes, as those will most likely be more desirable as the higher income neighbors move in.

Excluded from these requirements are sales of property with 1-4 dwelling units that has never been inhabited, sales exempt from real estate transfer fee, and sales by certain court-appointed fiduciaries (for example, personal representatives who have never occupied the Property).

The agent is going to try to come up with data to support their purchase price offer if that offer is below the minimum net proceeds of the bank.