Email is cheap, practically free and doesn't have to be spam.

Am motivated, savvy, practical, realistic and fair.

They are pretty easy to set up and relocate, but since you are a remote investor you would have to arrange that with your property manager.

Personally I think eventually banks will go back to their loose lending practices of 2005 to 2008, but there will be a new loan product, like the stated income loan product, that banks and Wall Street will be pushing.

Even if we can't come to terms at least it's good practice with the numbers and the negotiating.

Even better would be to not make any payments during rehab and pay Principle and Interest in full at closing, but I don't know if this is standard practice?

As a general practice, we do not refinance unless we absolutely must {sometimes you really need want that 18-unit building} or there is an obvious advantage to refinance {i.e. we can secure a new interest rate 0.4-0.5 below our existing rate}.

But, with a little practice, plenty of communication, and proactive landlording - you'll be looking for as many tenants as you can get- Good luck with your investments - always re-run the numbers and account for the unexpected ( like replacing a HVAC unit..or two) Keep us updated with what you decide.

I recently relocated from Florida to the great state of Texas and I am looking to get started in real estate investing.

With the potential ROI numbers buzzing through my head, I couldn't see any reason not to take this offer; so I did.Now that some time has gone by and I've generated practically zero prospects with my land FSBO listing, it's beginning to dawn on me that this land is probably not going to sell without some more money and work on my end.