Nothing against them, I use NFCU as my personal bank of choice, they are just not the best at VA Home Loans IMHO - https://loans.usnews.com/va-loans 

Others are banking on the market being hotter than the cashflow and therefore wanting in because they think appreciation is their investment method of choice. 

If you would like an introduction to them, p.m. me and I'll connect you.10 Federal: sorry, I created them into a bank: 10 First Federal LOL.

So you open up a new bank account in CO, and give someone you know in Colorodo ATM authorization to use your debit card and put a prepaid amount on there for them to buy groceries each month as a tip for doing you the service. 

I usually handle absentee properties so this deal through me for a loop.The home is worth 400,000 as is, the owner owes $310,500 to the bank and had $88,500 in equity.

Are banks lending on home prices this low in not so nice neighborhoods?

My partner and I have some great working relationships with local banks and lenders, allowing us to leverage assets to increase returns. 

When the bank determines the short sale amount they will accept, they already set aside a budget for paying real estate commissions.

Even though there are varying opinions as to where we are in the cycle, i think its hard to deny that were late in the cycle.I have a good amount of cash sitting in the bank after recently selling one of my properties.

Banks may look at the income from the tenant as income to you and count 75% or so of it but they may need to wait until that income is counted on a tax return.