Basically, prices dropped about $50-70k in the neighborhoods that used to be very much in favor (Shamrock, Toney Valley, East Lake Terrace, White Oak, to name a few Decatur neighborhoods that got rocked)... that collapse pretty much turned endemic through most of Atlanta.

It seems the situation is stacked in your favor so I would also keep that in mind.

Favorable terms are yet another way you can make money on a property and I’d encourage you to spend as much time as possible on this document as well.Jeff

The "rule" making O/O buyers more favored than investors has to do with HUD policy.

I would favor a tenant with 4X and other negatives over one with 3X and a shinier file though.

My only thought is why not deploy this approach on a piece of properties with a more favorable exit strategy?

Receiving an offer for your property and having it backed up by a favorable appraisal is a function of your flipping business model.

Since he is doing seller financing they may not look favorable upon the proposed value when those notes mature.The last concern would really be the first part of your post.

Sorry about that.As to your favor of option 1, can you elaborate a bit and/or sayanything as to why it would be favorable to option 2?

There are many BP threads about this if you do some digging.After 10 you can get portfolio loans with less favorable terms.You can also acquire more FNMA loans by purchasing subject-to.