VA loan has to be used for your main residence, and in General they only allow each individual to have one at a time, It is very comparable to the FHA loan.

I have reduced the rent by $200 a month as a winter-teaser rate till July, and will see how this goes:-) Sorry for not being able to thank each one of you individually -- I really appreciate you taking the time to help out a (frustrated) small investor! 

Hello BP.I have a individual that is interested in funding one of my projects as a private money deal, but they have concerns about the paperwork and tax documents being a serious hassle.

But I always have more contractors in all my houses than any one individual motel. 

If they are doing periodic price drops that is a good thing as it may indicate that they have some motivation to sell it ... in that case, I would see if there is a pattern to the price drops, as in they are dropping $10k every 3 months or something like that ... if that is the case you can time your offer as the price gets closer to a good deal, put it in just before they would normally drop the price, but a bit lower than what you suspect they will drop it to.

Note that if purchasing as an individual, a seller finance deal with a balloon is a big Dodd-Frank no-no.

I have not done so, but I have negotiated this with an individual as seller when the final walk thru (outside of the inspection period) revealed damage that had been hidden by the occupants furnishings during original viewing and inspection period.

The answer is that that is the only politically acceptable way to do it without charges of bias, profiteering, discrimination, etc.Ironically, the wholesalers are doing what the real estate broker can not do, using a net listing, pricing the product individually by time, effort and demand.  

The first thing is to check with the city or county to make sure that you have three individual lots that can be built on.

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.Bigger Pockets has various resources: ebooks, blogs, forums, podcasts, webinars, colleagues, keyword alerts, an awards system, a learn section, informative people in many fields of real estate, and more.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.