@Andrew Alpsteg You should not have trouble receiving financing with FHA given your credit score (FHA was made to help first time home buyers, your credit could be as low as 580).

What about the buyers agent commission?

Brandon lot's of buyers are either flakes or unrealistic.

Or, if you're happy to stay living there, but want as much immediately accessible cash in your pocket as a Lender would approve, you'd need to make sure your newly acquired investor mindset was in full bargain hunting / return-on-investment mode, because, your monthly repayments will increase significantly once you withdraw the maximum against a HELOC!

Therefore, for us, we are looking to stay in an investment for 3-5 years and then we can sell our properties to the tenant buyer before capital expenditures start to come up.  

If I have a deal (representing the buyer or seller) where I think the appraisal will be a challenge, I go and try to make my case. 

I have a deal in Hercules, California that I can send you information on if you’re serious buyer!

I've heard of sub-to buyers just sending the payment to the bank directly. 

A duplex with really good numbers, however my target acquisition price is $290k (asking was $339k) based on the fact that the listing agent hinted the buyer might sell at that price (“he’d probably let it go for 290-295”) were her exact words.He came down to $315 and now $310 firm and doesn’t seem to want to budge.The property is pretty much turnkey, which is what I’m looking for, (and I understand that I’d pay more for a turnkey property) but is the highest priced property in the area (based on comps) and I don’t want to overpay.That being said, the numbers still work, even at $310k.

I sold a small home in the St. Louis, MO area to another investor on owner financing. This investor wants to give the property back to me and avoid the foreclosure process (I do too). What needs to happen?