Fortunately (as long as the contract goes through) I no longer have to worry about this.

Nothing really.Everything is just a price adjustment as long as there is potential for money to be made.It just goes to how big of a discount you need and what you risk and more likely you BS tolerance is.That being said there are some things that are a lot tougher to deal with than others.- Title problems.

Where I live you can write your own offers without a license as long as you are a principle to the transaction.

Not that I care, as long as I find a deal.

If you throw a small car loan in there as well (as long as this doesn't kill your debt-to-income ratio) you can expect to be in the 660 range within 6-12 months assuming you're starting with absolutely no credit (good or bad).Lenders will also want to see reserves (funds left in your account after closing), FNMA requires 6 months PITI for loans on investment properties.Hope this helps!

As long as you fully disclose the issues, there will be people willing to buy it at the right price.

There are people on this site that have been buying and selling 4x as long as I have.

Units are always rented in this city as long as they are maintained well.There are 5 single family homes, a restaurant, a bar, a 6plex, and a 4plex on this block..

While attending college I will receive $1,623 per month for 36 months as long as I am a full time student.

@Giovanni Sidari - That is exactly how I started I bought a $300k property with 3.5% down FHA loan and lived in one unitAs long as you are buying under 4 units and move into one of them within the first 60 days and live in it for 1 year then you can be eligible for a 3.5% down FHA loan