This is mostly due the size, as a lender we are qualifying the building's ability to repay not your personal ability to repay.However, if you have good income getting a regular commercial loan secured by the lot shouldn't be too big of a deal for a community bank or portfolio lender.  

Make sure you guys are constantly analyzing how each purchase with impact your qualifying ability on future deals..

Buyer wants the ability to pay the Reno on their own - worst case draws can come out of escrow but should be able to use whoever they want to complete work. 

So when you speak with lenders about their ability to lend money to you on your investment properties you may have to speak with a few different lenders to find one flexible enough to give you the easiest path to succeed.  

Further research and proper due diligence is now needed to assess how bulk owners will continue to thrive as these new laws place limits on their abilities to acquire property and manage the affairs of the association.

Hi @Paul C Mead,There are plenty of online real estate sites where you actually have the ability to build your own custom, targeted direct mailing lists based on whatever filters you want (Homeowners with Equity; Liens; Foreclosure/Pre-Foreclosure; Absentee Owners; and way, way more!).

I love the ability to invest with cash flow and the ability to pull money out to move on to the next project.

@Enyi AjokuIf you make the complaint it will be hard but if you have another tenant on record of complaining then you can get a 30day granted by judge because you are arguing not only is it against lease but it is preventing your ability to provide a undisturbed living environment for tenant.

Splitting the wholesale fee with one that could provide us both with a top retail price for the property and ability to assist in a quick close when the time comes.

One of the key things that has been amazing is the ability to apply a team based approach.