The bad thing about FHA loans is that the PMI never falls off so you have to refinance later on.

@Dan NguyenTotal Money Makeover by Dave RamseyHe is captivating but don’t fall for the shows or ongoing classes he offers.

I pray you owned this in an entity/trust and you sold it that way as well because if the sky falls you don't want to be exposed to a potential suit from the guy you sold it to. 

Hello all,I have just recently reached my savings goal and have started looking for my first deal; I had a fourplex pretty much fall into my lap today that looks like a good deal; however I haven't been looking in my local area for my first investment. 

It's my understanding if someone falls behind on their property taxes someone can pay them and now have an interest in the property.

"Free markets" function when there are few bounds on legitimate, efficient transactions but not when fraudulent and abusive practices are allowed; I'd just like to know where wholesaling falls.

If all else falls, make a homemade bandit sign that says "I want to buy this house, If you know the owner, call me @XXX-XXXX"   and stick it in the front yard. 

The problem most investors fall into is trying to convince sellers to sell a property.  

Why did the deal fall apart?

I work a full-time job, have a strong/stable income, near perfect credit, 3 days off/week to dedicate to RE, access to frequent and inexpensive airfare, and enough saved for 20-25% down on a 50-150K property.My criteria would be at least a triplex (preferably a four-plex) that needs minimal rehab that also falls within a relatively-stable rental market.