A strong offer is cash, with a bank statement attached, a certified check for 10% of the offer price, a two week closing and no contingencies at all.

So if he's only getting $50 per month cash flow from the property, it's going to take many months before he breaks even with the cost of closing your loan.Second, if the property is not zoned for a boarding house, and you end up owning it, well, you have a single family house with possibly a stigma attached since these arrangements are frequently frowned on by the neighbors.And with that wacky and expensive management arrangement, it's more than likely that the "repairs up to $500" won't be done at all, so the condition of the house when you foreclose will be poor.So the more I write, the less I like it.

It is 3br/2BA each side with attached garage.

The property my house sits on would accommodate a 2 unit attached housing configuration.This house could easily be a 1031 exchange candidate.

I have an attachment to this type of property as I was raised in a similar townhouse on a beautiful lake just around the block that my parents still live in til this day.

The deposit forms are attached as an image on my banking site.

Condo projects have two sides, privately owned living units and common areas not attached to the living unit (exceptions may be halls).

Did the SBA attach any of your home equity?

I would find a top producer in your area and try to get attached to them.

Though there are distressed properties, when you break it down, many are attached homes, a large percentage are short sales, a good number are in areas that are further out.