Sure would be nice to have a clear cut answer to that, but there is not.There are too many variables involved, remaing term, credit, seasoning and proven payment history, collateral, loan to value, property condition and the details of the contract including the security assignement and foreclsoure process.Best to get bids, and look in your area for other investors, including those who buy RE, your best deal might well be from a local individual looking for a good investment.

I can confirm what Dawn says, nothing specific about late fees in the WI code.Related: In order to deduct unpaid late fees from the security deposit, you must specify that you may do so in the "Non-standard rental provisions", otherwise it will be an illegal sec. deposit deduction.

MO Safe Act: Unless licensed, no person may act as a mortgage broker, mortgage lender, or mortgage loan originator with respect to a residential mortgage loan secured by a mortgage, deed of trust, or their equivalent consensual security interest on a dwelling or on residential real estate located in Montana, unless the person is exempted from licensing requirements by Mont.

For example.....25% down = $12,500[u]Then what sort of cash reserves/assets would a bank want to see in order to secure this loan?

Here is frome the seller to the agent""Can you please secure a "verbal/electronic" agreement with Wendy today as follows: We (Seller) accept her offer at $78,500 with Seller contributing 2% to her Closing Costs, with $2,500 deposit and closing within 45 Days.

This may help you look at a property and potentially submit an offer before anyone else (general public) will see it. ( i purchased my last property 2 weeks ago in this manner).never hesitate to let anyone know you buy properties (Friends, co-workers etc.)...you just never know if a friend of a friend of a friend needs out of their situation.Try driving (Time consuming) around in the neighborhoods you might be interested in.

We have a couple of consultants here, both consult the public and sort of a glorified real estate broker, but they also charge hourly fees in certain matters.

Find a foreclosure, look at the company that secures them ask the workers that do to give you a heads up on anything that looks meets your standards.

REIA meetings, Courthouse steps, BP, public records, etc.Again, any contractual needs should be fulfilled by an attorney but there are a couple on the BP FilePlace (under resources tab)?????

Welcome Carter Catlett Thats interesting, according FNMA's sellers guide "If the mortgage being delivered to Fannie Mae is secured by the borrower’s principal residence,there are no limitations on the number of properties that the borrower can currently be financing"