Investment Info:Single-family residence buy & hold investment.

If you are trying to buy a bank owned property you just send them the contract they want you to sign and proof of funds, or if you have financing, the commitment from the financier, who may also have to provide their own verifiable proof of funds. 

When you get early notification - you should go talk to and negotiate with the mortgagor (owner) of the property to see if you can work a deal with the owner to stop the foreclosure.You can: 1. buy the property subject to the existing mortgage, 2.

LLCs and Incs.) who are renovating the property for sale or to keep as a buy and hold rental. 

But this morning I was thinking that’s the only product in the world that  someone can advertise something at a certain price and you go to buy it and they say no I’m raising my price. 

This is also part of the reason we buy real estate since it is a hedge against inflation. 

(like a roof etc) If you are buying cash flowing properties your DTI should IMPROVE not go up if your LO understands how to calculate.

Congrats on buying your first STR!

I plan to buy a duplex soon to begin my real estate journey.