If you have active deals going, then the actions will come on their own. i.e.: If you need to close, your agent/attorney will let you know what to do.

The reality is that if it's an un-subsidized portfolio mortgage, the rate/points needs to beat the ROI of a Wall Street index fund or generic REIT, or it would never make sense for a lender to do the loan, since they could park the $400k with Wall Street or a REIT and make more than they'd make by lending you money.

BRRRR(R) (I can never remember how many R's there should be) seems like a good fit and strategy for me.I started actively looking and analyzing opportunities about 2 months ago and have put in a few offers but nothing seems to stick yet. 

Let me know if you have any questions, and I'd be happy to try and offer any other input.Similar to what Scott has said, I'm also beginning to look more actively in northwest Indiana.

Usually lenders will look at the past 2-3 years of real estate activity and a schedule of addresses you closed on to confirm that experience.One way to secure better terms is to partner up with an investor who has recent experience.

Can I just tell her to start parking on the street ? 

Lurkers: Keep in mind that anyone with $100k can just dump it into a Wall Street S&P 500 index fund that might pay 7% conservatively.

Natalie, we moved from Seattle (due to the wonderful continuous gray climate) to sunny Austin 4 years ago and have several rentals in Round Rock and been active in the investment community.

Investors are usually the best people to talk to about the market because they are actively involved and analyzing it.

There are definitely still active liens on the property.I also don’t have any documentation on lien releases since I haven’t created any liens yet on this property myself.