You did it no matter what your circumstance and no matter what anyone else thought - you made your dream come true.

Just keep in mind that you guys will not agree on everything and if God forbid one of you could not fulfill the financial obligations down the line because of unforeseen circumstances, the other investor will hold the responsibility of maintaining the investment or risk loosing it altogether.

They basically said I failed to prove a special circumstance that required the 8 ft. height.

I want to help stimulate communities which have been neglected and which would benefit from having distressed houses purchased by someone like myself, fixed up, and sold to a new beginning family for an affordable price.

Make sure you have enough money to hold you over for unforeseen circumstances and time.

I've done a couple wholesale deals (contract assignments) and while they were complicated just due to weird circumstances, I wouldn't consider them HARD given the $10,500 that I made off of them.

Originally posted by Julian Jasso:- declined a short-sale offer- not paid mortgage in 2 yearsI usually try not to judge people because everyone has different circumstances, but this looks like a major case of irrational behavior.Like others said, check and see what it will go for at the trustee auction and if no one picks it up, wait and see when it turns up as an REO.

The biggest draw for 95 percent of the rentals in this area is they are very neglected by out of state investors and most fell into repos and house middle lower income tenants.these are 1200 sq foot 2 bedroom apartments.

2) Given the above question, and my circumstances above how should I go about the financing considering it will be my first time etc?

Fabio Dovalle your Purchase and Finance should reflect your conditions and intentions right now.Sounds like an Owner/Occupied multi-family which will have the lowest down and rates.Your circumstances could change later.LLC makes it a Commercial loan much higher down and rate.