If you have any additional questions and or concerns PM and I will be more than welcome to help.

Hello, I am looking to acquire additional long term rental assets but am running into issues finding a lender that will fund me due to the fact that I had a foreclosure 4-1/2 years ago.750 credit scoreGood incomePlenty in reservesLooking to acquire properties 180k and below with 20-30% down but haven't been able to find lending.Any suggestions?

Well the home is still in the banks name and the buyers have walked , plus i am not hearing back from the title company....Not Happy in Penna.

I additionally will transact on the side but that's neither her nor there.

I only walked 3 houses in 2 months, but #3 was the one!

A lot of our rehab clients set up construction management companies and run the draw deposits through their business account and then leverage the cash flow of the draws to get the additional business line of credit to use as gap money. 

I have not walked the property yet but there is a 4 unit building that has in unit laundry accessibility.  

I am deciding between a gut Reno/addition and a tear down to the basement.

The roof, master shower, and carpets throughout need replaced, and although the property is structurally in good shape and the AC\HEAT is in good condition, the house has never been updated to today's modern look.I want to walk away with 40,000 in cash but I am afraid that after the projected closing costs of $13000 that include the realtors $9600 commission I wont get the $40,000 because it needs a roof, shower, and carpet.   

My parents had a god awful marriage and it really made the idea really unappealing to me.And I don't want kids until I am financially independent because as harsh as it may seem, children are just walking liabilities.