Account ClosedYou will be able to C/O on 4 of these homes and the max LTV will 75% if they're all SFR's  The last 2 won't qualify unless you've owned them for less than 6 months as this might qualify for delayed financing.PM me. 

The bank's pending transactions for other things are also delayed though.Love them!

Minimal Repairs needed5.) 

It's to your benefit that they are being addressed now instead of when you do your make ready and risk potentially a delay on the availability. 

Eventually someone by the name of "pete" returned my call and said yes i do, I was a bit skeptical due to the long delay before the call was returned and i wondered if this would be a reflection of future technical support.

Today we have two more properties we have accepted contracts on, but they are slow moving because they are under a trust and every step is a delayed reaction.  

Tom Shepard I utilized the same strategy as you (paid cash then wanted to pull money out) of my first several property purchases, and came across a program called the Fannie Mae Delayed Financing Program that allows cash buyers to pull equity out without the traditional 6 month seasoning requirement.

Even if the renovation costs $150k, I could profit minimally $40k annually from tenants depending if I could roll the renovation into a mortgage or not.

I definitely understand that the prices are above market and that the likely appreciation would be minimal.  

No matter how quickly you provide them your salary and Bank statements, or other required documents, you will still be waiting weeks and weeks to recieve an update And then when they take their sweet time and you've been stuck in hard money they will not take responsibility for the delays and remove the penalties!!