With a a 2 units you should be able to qualify to a conventional loan.

By doing loan commercially, I qualify this way for this particular loan.  

. , I believe right now a well seasoned CA note on single family residence on highly desirable area can bring 90%+ from a large investor or fund.On your chattel note question.. almost everything is for sale if the price is right.

They brought experience to the table in lieu of funds, but they still had the reserves and income needed to qualify for the loan.

I am a wholesale investor in the Houston market, I have been doing direct mail to get motivated seller leads, but I am not having a lot of response. Can anyone recommend a website where I can purchase motivated seller...

Then the next step is a collection agency and they take a % and if it's small some agency's don't even bother.With your next renter set your rental criteria so you can screen potential renters that will qualify better than the old ones.

I'd also begin to contact qualified property managers in the area to hire to manage the place.

I see that you're out of state from me, have you had any experience with HML's that lend to NY residents or know of anyone who has?

Not all inspectors deal with the city and understand/qualified for DIHLR requirements, make sure to get inspector that does those.

., resident in the forums.Click on the "Education Tab" at the top of the page, and you could be spending many hours on the Information that is available.Raymond