Hello, I am looking to acquire additional long term rental assets but am running into issues finding a lender that will fund me due to the fact that I had a foreclosure 4-1/2 years ago.750 credit scoreGood incomePlenty in reservesLooking to acquire properties 180k and below with 20-30% down but haven't been able to find lending.Any suggestions?

Doing this 100% financing eats up a lot of any profit and if you have no experience, you would have to contract a home run or even a grand slam deal for anyone to want to do it.

Everything was running along smoothly on both deals.

I know at that point, it's similar to doing a JV in which one partner provides funds, and the other runs the rehab.

I graduated from UW with a degree in Engineering and an MHA from WSU.

I see both of these as loosing properties, without running numbers, i think you loose money on both of these every month. sell them both, you will make money on them, then buy yourself something that will make you money.

Hey JD,What version of android are you running, and on what kind of device?

I work full time in an office doing CADD / AutoCad drafting design work on Civil Engineering projects for the past 15 years.  

A lot of our rehab clients set up construction management companies and run the draw deposits through their business account and then leverage the cash flow of the draws to get the additional business line of credit to use as gap money. 

I assume that hot and cold water lines are separated and running to each unit for that to be an option or no?