I currently work for Firestone Building Products 2nd shift approx 50 to 60 hrs/week.

I'm not saying you necessarily need to use your own money to leverage less, but find a way value add with some amount of sweat equity (rehabbing, turning a poorly ran building around, etc).

We just respond poorly to marketers.

@Jim WilcoxI've been in sales for what seems like forever and I've learned you're never selling a product.

Its really the low end product that gets recycled like this.. the new buyer will do their thing and new owner will come in and the cycle repeats.

One of the reasons you see so many people discuss FHA as an entry is because it has been a low down payment product for so long.

Start off by reading Rich Dad Poor Dad, The Millionaire Next Door and then The Millionaire Investor, all of these are best sellers and easy to find at your local library.

We could have gone with a 203k instead of your client’s offer, but chose the cash for obvious reasons as timing is critical to my clients and they are counting on the closing this Thursday, June 18th.It’s a shame your folks do not have a contractor relationship who understands how to create a quality product, while ensuring an investor gains a healthy return on their investment.

Thanks,Mitch Hi Mitch - there is no waiting period if financing into their portfolio product.  

(That's a hallmark of poorly written legislation, see HIPPA and the Affordable Care Act for further examples.)