I've never seen anything like it from any lender I've ever worked with.

But I doubt I will ever get approved for 4 loans at my age with no mortgage credit history.

I usually learn far more from my mistakes than I would ever learn from my successes.Plus you have the added advantage of a large pool of mentors, advisors and information on this site.

Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideFinally -be sure to setup some keyword alerts - especially for "Dayton" so you can jump into local conversations.See you around the forums!

I don't see where you came up with the $20-$40k figure.As a 'buy and hold', a $170k house that rents for $1150 is horrible, it wouldn't cash flow enough if you bought it for $100k (which I would consider a good deal if its really worth $170k and needs $25k in repairs).So it has to be a flip,,,I'm not a flipper, but first it would scare me that with the problems you have described, there might be a LOT more deferred maintenance you haven't found yet,,so the rehab cost could be much higher.As many have stated, just contact the owner and see if he even has an interest in selling, until you find that out I wouldn't spend a lot of time on it, you need a motivated seller, so he has to be interested in selling or it won't ever work.andy

I'm in Smyrna and have some guys and know plenty of other investors if Im ever looking for something.Best place to find guys that work cheap and do things right is by talking to other investors IMO.

When I confronted my PM he simply explained that they hadn't ever had a problem with smokers inside the house.

If she was ever served with a notice of foreclosure, even if the lender did not follow through with the sale, she can't do anything with the property except sell it and payoff the lien.The law allowing for the forgiveness of debt to avoid taxation is about to expire so now that she has waited she may have a tax liability on amounts written off from her underwater property.A short sale would be best, if she qualifies, but to do a short sale the owner must have a financial inability to pay, I'm not sure the bank has to agree if she is sitting on cash.IMO, she needs to pay as agreed, catch up the loan, then lease it over time allowing the value to come back and then sell it. :)

Hey guys,I'm in the process of buying my first ever home.

Would you ever consider buying or selling real estate with bitcoin?