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@Jay Hinrichs I hear you...the problem with the NAR suggestion that a seller simply find a RMLO to facilitate the transaction is that the licensing authorities could then move against the seller for brokering without a license, and also move against the RMLO and their company for accepting TPO (third party originations) from a non-licensed person.  

Investors tend to go cheap on maintenance and that little drip or leak that goes unattended gets expensive when finally discovered years down the road.

@Jasmine Cotes  its often thought on BP that he very best way to start is to buy a 4 plex in a great area with your FHA loan... this allows you the low downpayment as for reserves and such you simply need to talk to your mortgage lender but yes you will need some.I believe you can only have one FHA loan in your name at a time.. so the idea is you would refinance this 4 plex using its current equity if any as your collateral.. the you could buy another one with the FHA loan rinse repeat.you must live in the property for at least one year. 

Hello all,I have a unique situation.I have been renting from the landlord for 5 plus years now and the reason I have not purchased my own place is simply my landlord is very elderly and knows he can rely on me to take care of his investment. 

Many wholesaling "deals" come across as simply really good off market properties for regular buyers though an investor has issues with turning a profit.

The questions being asked are from a group of people which is beneficial to others who are listening but didn't think of those questions Here's how I do it: - First, I make sure the attendees have the presentation prior to the call so that they can review and come up with questions - Then I use Freeconferencecall.com (I have no affiliation with them) and simply set up the call - During the call, I have the attendees email me questions.

I'm sure there's a lot I can do with that, which I haven't discovered yet.

I know a lot of landlords rely upon these documents to vet potential tenants, but simply doing a google search on Fake pay stubs, fake w-2s, etc... will quickly illustrate how risky it is to rely on these documents.  

Would you advise simply replacing the entire roof now while can finance under 203k, or just do the quick repair and build up the money for it over the next 3-5 years. 3.