For every deal you lock down, you will probably have looked at 10-15 other properties, that came from 20-30 callers you've had to talk to, generated by 5000-6000 letters you've sent out.

We were concerned with this all along and the reason we switched to this lender was because he said he could work around it because she became a teacher through a program which offers her a minimum salary and that he would use that.The seller didn’t want to give us an extension or do a lease to own at first, but his lawyer talked him into a 60 day extension.

@David Dachtera  first course of action is to simply and I say very simply.. go to the county or city .. talk with the planning department.. and make sure the lots were recorded as final plats.. and are legal lots of record. just because utls are in does not mean the plat was recorded.then see if there are any other red flags.. then go to public works ask the same questions.then go to the building department and make sure they don't have them flagged.

So if anyone is looking for a help around the area, or someone to work with, or just someone to talk shop with, Im am here!

I would love to talk about opportunities in MA!

Hey Everyone, Talked to my mortgage broker today to see what kind of property i would qualify for with a conventional mortgage, and she said something that I wanted to verify with everyone.A couple of properties I am looking at are Condos, and they have an association fee associated with them.My broker pretty much cut me off and said, any unit that is part of a "Condo Association" will not qualify for a convention mortgage on an investment property.  

Look forward to talking to everyone and making some business relationships!

I would like to talk to you about buying criteria.  

My understanding from talking to other investors is that if you initially state that you plan to pay w/ financing, and then change your mind and switch to cash, you are still allowed 45 days.The 30 / 45 day clock starts when HUD/Sage signs the contract, not when the offer is accepted.  

Also, I like when tenants are there when doing a walk thru, I like to see if they talk about their landlord, it says a lot about them.