They don't make enough to pay very much rent.A 2 worker family can only qualify for about $600-$800 a month, and wages are high around here.

Could you provide your proven skills & tips in how to market your vacant space to the targeted audience?

To be truly successful at understanding and profiting from international preconstruction investing, that’s a skill to be developed.

Hi;Please help me, if you can.After lasting 8 months legal case, I was left without any income, present or future , and what I saved is condominium in California, 500,000-600,000 worth, clean and free, but also this is my only home, where I am living for the last 15 years.I was talking to 4 different loan agents about my option for the loan .Local places, chosen random from Yellow Pages.Knowing my data, all of them gave to me the same loan amount for which I can qualify ($400,000) and more and less similar , very low in my opinion, payments options, basing on 30 years loan.($2200-$2500 range)However, when I checked with large banks, just filling up the application on line, with the same data , result of payment amount is even twice as much comparing with some of the estimates from places I called.Please tell me; are these small companies crooks ?

I have to agree with jlabelle, it is wise to interview at least 3 Realtors to determine which individual is most qualified for the job.

One of them even uses a respected attorney to do his double closings.I also would ALWAYS recommend getting sound legal advice from a qualified attorney in your state before doing any type of creative real estate investing.I also think communicating unverified or misinformed rumors around real estate laws is a destructive practice and should only be done with the utmost caution and reserve.

To answer the OP's original questions---it depends...If you used the 50K in the traditional sense (90% Lender 1st + 10% down payment), you could potential qualify for a 500K loan amount.If you used the 50K with seller assistance (75% Lender 1st + 20% Seller 2nd + 5% Down Payment), then you could potentially qualify for a 1KK loan amount.

The JV partner put up their credit to qualify for the mortgage and my company put up the 20% down payment with a 5 year targeted exit strategy.

You might try hitting the pavement and looking for fsbos or checking the pre-foreclosure lists.Also, if you decide to purchase rather than wholesale.....find out what type of loan you qualify for before you start searching.

So your saying before I even submit offers I should see how much I can qualify for?