I spoke with him a few weeks ago and he said he had a buyer but the guy couldn't get financing through his bank due to the lack of comps in the area, as in this is the only duplex/ quad within 30 miles.

Sometimes the court/bank attorney fails to notify them during the foreclosure.

If my guys and gals I fund want to use them I don't care I just don't want to deal with them.PS I like the car business if I was not doing this I would own a dealership... and I would finance sub prime auto debt.. big money in that these days.a few of my fishing buddies own big stores like Toyata and Chevey stores they as you well know make bank.. 

And if you haven't started talking to banks / lenders, that would be a good next step, as well.

Hello BP, was wondering if anyone knows of any banks in ct that will allow a purchase of a house around 50k to 60k with 25% down.

I recently purchased our house here in Sydney thru bank mortgage and looking forward to start investing in rentals here.

If a bank is involved they’ll need it to be a legal agreement.

Let's assume that the Seller provides bank statements that shows the tenant is paying rent every month,  the Seller is not willing to provide the property vacant, and my goal is to buy and hold. 

So, well, his company was making bank!

@Brit Dunlop  Yes its definitely commercial loans - mixed use. your best bet is probably a local bank or try to get it at seller financing.The good news is the 2 apartments shouldn't be hard to fill in, the shop could take longer. are you dealing through a broker or the seller directly??