The letters were "professional" and explained how I can help add value to their home sales process by buying as is, for cash, close on the date of their choice, etc.

I also know other investors who hold properties in the USA - they have no choice but to hire PM's (Property Managers).Depends on how you want to run your business, some like hands on, some (like us) prefer hands off!

https://www.biggerpockets.com/blogs/5110/blog_post...The only circumstances in which a borrower with an existing FHA insured loan for a principal residence may obtain another FHA insured mortgage on a new principal residence.

There are so many choices; however, I am ready to learn and take action.

I love LA and it would be my second choice after Atlanta.

I welcome information anyone will share on a package you have prepared for presenting to a commercial lender: narrative summary, project details, etc.
Thank you

Germain Act allows you to use a land trust without triggering DoS, but only if the borrower does not transfer rights in the property.

If I am not convinced that borrower will make a decent profit I will not lend.

The risker the transaction, the more the interest the borrower will pay.

If he is short on cash, can he get a loan, borrow money from relatives or friends, sell some of his possessions, pawn some of his belongings, get assistance from a social service agency?