Objectives:To purchase a 4 units multi-family property as an owner occupant primary residence with FHA loan with 3.5% down, and convert my current residence as a rental property. Current property: Single family 3 beds...

Final suggestion, does Buffalo have a tax assessor website that has details on the transactions? 

I got my license because I wanted to be able to help investors set up their team (broker, PM, and contractors) here in Indianapolis, and learn from the transactions.

Arms length transaction How did you add value to the deal?

These problems can be avoided by quietly talking to 1 or 2 top brokers in an area, with the understanding that the potential transaction is to be kept confidential.

They will have to sign an "arms length" transaction form that states that the buyer is not related to the seller in any way.And about using the income to help you qualify, that will depend on your lender.

The atm machines are the only way people are able to do their banking transactions.

By the way, in case it changes anything - apparently it's perfectly permissible to pull out the $500k from Bank 2 as soon as the transaction has closed.

If a decree is the vehicle a court uses to document the rights to a piece of property and a warranty deed is recorded with the county clerk to perform the transfer, how is is possible that a bank can ask me for something else, effectively opening up a transaction that was completed ten years ago.

Today (and for the next handful of weeks), I am going to be creating a series of posts highlighting a transaction I just completed using seller financing.