Also, the appraisal cannot present any adverse factors, given the borrower's credit situation.Edward Rodriguez

Of course we know that their credit will still be adversely affected from a short sale, but most people do not know that and a short sale is slightly better than a full blown foreclosure on your credit record.

Since your mind thinks in pictures the images that you create can help provide sufficient pleasure to overcome some of the short term pain that may spring up on the way to achieving your goals.Imagine that you are out running in the woods.

My plan is to buy a home to live in for 3-12 months rent it out obtain owner occupied financing on a 2nd home live in it for 3-12 months rent it out, look for a 3rd home and do the same thing again and again.What challenges do I face obtaining a multiple owner-occupied financing in a short period of time and how I can I overcome them?

As long as people are still buying and selling in a market you can still be successful in wholesaling if you understand one important principle:Price overcomes all objections.If the price of the house you are selling is cheap enough, someone will buy it.

First, I would HIGHLY recommend that you read through the archives in the Wholesaling forum.As for your questions,1) Remember that price overcomes all objections.If you are selling the property where the buyer can profit $15,000 would they be willing to pay you $5,000?

By pooling money you are opening up all kinds of obstacles, but certainly none that cannot be overcome if everything is clearly defined on the front end.

Has anyone else in Pennsylvania run into this and is there anyway to over come this obstacle?

Nathan -- one can speculate about hyperinflation and other potentially adverse consequences of the govt printing money, such as a potential collapse of the dollar.The 10 yr treasury rate is 1.95%.

You have have cited a few challenges but what you need to do is set a plan in place to overcome them.