Next, look at the comparables of complexes near yours.

This alone will make you look very reliable and demonstrate that you can handle bigger projects (REO listings).

The only thing that successful real estate entrepreneurs do better than anyone else is: Create a reliable, consistent flow of motivated sellers calling in each day!

Also, an LLC does eliminate self-employemnt tax compared with an S-corp where you must pay yourself a reasonable salary which would include self-employemnt taxes.

I deal primarily with REOs working with clients on the purchase of them (About 75% of my business).Banks and AMs have a process they use to look at offers, some pay attention to the names coming in on the contracts, some do not.If you included a letter stating you were not associated with the other party, you should be good.During a multiple offer situation, this is USUALLY how banks view offers, in order of importance, and these do have a great effect with who they do choose to be the one to buy the property.Purchase priceClosing costsFinance typeEarnest Money DepositI've had buyers to win contracts over other bidders not by purchase price, but by the fact they had cash to close, or were willing to put down $10k as compared to another buyer's $1k.

Bottom line: Shop, compare, then purchase.

People who live in nursing homes are referred to as residents. nursing home compare

I am also going to list the house for about 15k less then comparable houses in the area for sale to try to give me a little edge.

What percentage do all of you experienced investors use as numbers for the following compared to the full loan amount?

My usual loan agent is no longer in the business, I’m looking for someone I can build a strong business relationship with.Can anyone recommend a reliable Loan Agent or Mortgage Company in SF Bay Area?