I do this regularly to find new buyers.I just tell them I saw a for rent sign @ such and such address, and was wondering if they are looking for any more investment properties in the area.

Having a 3 month opening in your schedule would be great for something like a rehab project - however keep in mind that you're just getting started (so there's a learning curve) and some projects end up taking more than planned (because of unexpected issues or insufficient planning..etc).It might make sense for you to partner up with someone who's been doing it for a while - it will be a great learning experience especially if you can spend most days @ the site.Another thing I'd recommend doing is seeing how much time you can spend in a regular day on real estate related activities (when you work) .

Just a quick post to introduce @Jay Hinrichs a colleague that has been a regular poster over the years on an Australian real estate forum.I am sure many of you will already know Jay and for the members that don't I am sure you will gain a wealth of knowledge from his contribution to this forum.Thanks for reading and have a great day.

They suggested I go to a regular bank.I have an account at PNC bank, but they are wrapped around the axle on the fact that I am: 1. participant 2. plan administrator and 3. officer of the sponsoring employer.Because I have no business accounts with them, they think they cannot do the medallion - its only for customers.

I'm interested in working with investors and rehabbers to use the MLS to locate deals and submit offers to distressed home owners on a regular basis.I'm new and green and hungry.

However; you have to be creative..Not every deal is a 65% deal..You have to really have your creative Brain Juices flowing on a regular basis.

And most importantly, does the seller have to provide some type of proof that the tenant is paying regularly?

Do I just use a regular purchase agreement and deal with the wrap around documents at close?

Maybe if I'm at a race where any of the BP regulars are, I can get you into the paddock/pit area and give a personal tour.

Well here's the thing.Dodd Frank has no history in the courts so it's all up to the interpretation of the judges.To be perfectly safe if you use the RMLO when doing any kind of owner occupant seller financing even a regular lease option, you will protect both yourself and the seller.Contact @Terry Lewis a RMLO.