Shop around.  

I prefer to be closer to 2% rents but being a more passive investor, I don't shop for deals as hard as others.

I love food 2) Shopping or Fun 3) Even Real Estate Investor Meet Ups (with out a guru up sale)I need to know and find out everything.- Kevin

Quick Question: I was gifted a rental property which had a tenant and lease inplace.

Gift your parents a down payment if you want to help them.  

Possible strategies include first and second mortgages, joint venture, mezzanine loans, seller contributions, and gifts of equity.

If he can’t get it, start shopping for someone who can. 8)

Is now a good time to get in touch with your lender or start shopping around for a new loan, or should we all wait for some kind of bottom?

100% funding program example:Property value is 1M, purchase price is 825K, we can do 90% of as is value so in this case we can fund to 900K.STATED NO FICO Loan Programs All 50 STATESBK, Foreclosure, Bad Credit & Lates are ALL OKCommercial and Residential FundingGo to this link: http://activerain.com/2ndchanceOffice Buildings, Apartment Buildings, A&D, Hotels/Motels, Land, Mixed Use, Investment, Shopping Centers, Rehab, Warehouses, Construction, Investment Facilities, BridgeMarinas, Mezzanine, Auto Repair/Mechanics Shops, Jumbo Properties, Income Producing Properties, Gas Stations, 2nd Homes, Multifamily, Business Financing100% Funding using As is Value & ARVPurchase, Refinance, Rehab & Construction Joint Ventures, Equity Funding, JV, Blanket Loans, Business Loanshttp://westcoastfundinginc.blogspot.com/If can’t fund your loan then nobody can….RodneyWest Coast Funding, IncSuite 154Independence Plaza B-1801001 16th StreetDenver, Co 80265720-207-4342 Direct 206-337-9594 [email protected]

I like Starbucks gift cards... :)