Makes it easier to get accepted in my experience.

If you NEED to refi to have money for the next deal, then I would refi only if the ORIGINAL property still meets the cash flow target using real world expense numbers.Good Luck,Mike

Originally posted by "carringtonrei":How do most investors feel about working with lenders who work outside of their target market?

You might check AARP web site (since these are largely targeted at seniors) and try calling some of these and ask how they work.I believe the way these work is that it is a loan secured by the property but without payments.

If we did a double closing we could make a ton from this deal but we had decided to start with assignments because they were easier.

Foreclosures and REOs are definitely a good area to target in the current market.

It's more honest, I think it'd be a much easier conversation, and I don't see why a rehabber wouldn't call on it.

There are serious buyers for hunting land and recreational land, if your piece qualifies.Home builders are not so likely to want a property off the grid, so you have to figure out who would want it and target your marketing towards them.Where is it located, what is the surrounding area like, is there access, is the access paved?

Do they make it seem way easier than it is… YES.

Used to be easier to find comps for sales over $300,000, now it is impossible.