We authorized $1200 in repairs for the 3rd unit to be fixed just so we could get it rented.

Hi, you might install a keyed lock as well, tell them the keyless system is only used when the property is occupied.Also, you can also require them to provide adequate safety measures, perhaps the key needs to be under the safekeeping of two individuals, noy just one, a sign out sheet and proof of ID for only authorized persons to obtain the key.

As for no-money down techniques, Robert Allen is one of the early authors of a book on this matter; he has an updated version in print too.

The official unemployment rate is about 13% with the real rate being in excess of 20%.

, it was greatly appreciated, and was authorized by the seller to reduce the price of this package to $350,000 and whatever I get over that is for me.

Process Serving: Every Tenant/Buyer who signs this Agreement agrees to be the agent for any other Tenant/Buyers and occupants of this dwelling and is both authorized and required to accept, on behalf of the other Tenant/Buyers and occupants, service of summons and other notices relative to the tenancy. 36.

For the most part, FHA appraisers these days have the authority to use REO sales if they find that constitutes the majority of recent comps.That said, I've met plenty of FHA (and non-FHA) appraisers who abhor using REOs as comps for retails sales, especially for rehabbed properties.So, unless you have some discretion over the choice of your specific appraiser, I would err on the side of conservative, and use some REO comps to determine your ARV.I've had a few properties that I've had to turn down purchasing because -- even though I knew the property would be a steal at my resale price -- I knew there would be issues with the appraisal because all the comps were REOs.Better safe than sorry...

Check into your Housing Development Authority for bond money, not only is there end loan financing but also construction loans.

Has the realtor talked to someone with authority at that bank or maybe a loss mitigator?

There are rare cases where the public officials do not do what is required by law.