Hey everyone,I'm new to Bigger Pockets and to property investing.

Believe it or not;  95% of owners who are asked if they would like to sell and put some cash in their pocket who have been given a NOD and auction date say no right up to the auction. 

I am currently looking at buying a new construction home as a long term rental property. sales price $214000. first my lender told me I can do 0 down. and I am really excited about this deal. but later he told me that am not qualified for 0 down because of my income. the other option is that I can do fha with 3.5% down, 6.125% interest rate. cash to close is $14000. my monthly payment is around $1575-$1590.it can at least rent for $1700 as a long term rental property.

I have more fun plugging Bigger pockets for free!!!

Hey guys, name is Chris WIlson, and I have been reading bigger pockets, along with others sites for a while.

I just received a letter stating that the only option they would offer me is a short-sale and that I was not eligible for a forbearance since I indicated I was interested in selling the home. 

Check out the most recent Bigger Pockets Podcast #957 that came out yesterday.

ThanksAs many others have said, you have multiple options!

Some examples of strategies and mortgage options that can enhance investment are:- Check with a local credit union to join.

Saw your post in the bigger pockets forums about getting things started in real estate.