Let me know if you are interested, I can get you referred to my branch manager

For anyone local who refers a tenant to me, I'll be offering a referral fee of $100 to them personally or $125 to the charity of their choice.What I wanted to do is talk to the neighbors around the unit, the owner of the local cafes (one of whom is also very involved in the large local Pagan group), maybe the head of the rotary club, and local religious congregation heads about it.

Besides the price to rent ratios the laws are typically tenants friendly in CA which makes it even more difficult...I've been investing in TX for many years and I think it is still very good market to invest (Dallas, San Antonio).If you want to learn more about out of state investing feel free to check out this meet up group -meetup.com/Los-Gatos-Real-Estate-Networking-Meetup/

Kabbage approves you in minutes. to be clear, he's speaking about the monthly payment, not the interest rate. a typical LOC will charge you 2% per month of the balance. depending on the interest rate, it comes out to about a 5 year term

And this was typical of the area.  

Just as a point of reference I had a water claim from a small leaky pipe leading to a dishwasher and that took 4 full months to completely remediate / mitigate.

. - that typically means you've started title and lien searches.

30 days is pretty typical, I might ask for 45 because there are 2 properties, though it's probably not really necessary if they push you back to 30.

Below is what you need to know that underwriting and programs guidelines don't tell you when considering a 223(f) apartment loan.AdvantagesHighest LTV in the marketEliminate refinance and interest rate risk with fixed rate terms up to 35 yearsLow fixed rates based on GNMA securitiesNon-recourse and assumable - makes for a great exit strategy especially in a rising rate environmentNo defined financial capacity requirementsNo geographic restrictionsNo minimum population requirementsSupplemental financing availableDisadvantagesLonger processing times - 120 days at a minimum (6-9 months is typical)Higher fees - HUD and FHA fees add to the overall cost of the loanMortgage Insurance Premiums (MIP) - Initial and annual premiumsAnnual audited operating statements requiredReplacement reserve escrows requiredHUD property inspections requiredOwner distribution restrictions and Cash out restrictions 2x a yearProperty condition is important to HUD, both during initial underwriting and over the life of the loan.

Refi Lenders will typically provide a loan amount that is 70 - 80% Loan to Value (LTV) based on a current appraisal.