In today's climate it is hard to raise capital so recess from that program include lower management fees, back end split and include a preferred return.A preferred return is NOT a guarantee.

You can also find your local REI club and get with other investors to help you.You need to start meeting people in RE anyway, an attorney, title company, a Realtor to name a few and they can all help you determine what is necessary in your area.IMO, the problem with stuff off the internet and in guru programs is that they may not meet your state requirements.

The entire point of the acronym involves an individual using programming techniques and content placement to structure the semantic "flow" of your web site's data.

The "option" would be worthless to an investor, because every short-sale I've seen requires a disclosure statement from all parties involved that the seller gets $0 at close, and there's no other side-deals going on.

As Jon has pointed out, there are banks/credit unions who have CRE loan programs for loans in the 500k and below category.Your income and credit are good so that won't be an issue, but your inexperience as a landlord could be a problem for some lenders.

In 2 out of 2 tenants w/ sec 8 they both were kicked out of the program.

I know they use it for lending under Harp and other programs used to refinance.

Yes, I agree with Joe Bertolino, get the association manager/board president involved.

Yea I think the agent is too involved in this deal.

My husband and I are apartment dwellers in Los Angeles and do not own any property, but are looking to purchase a rural foreclosure as our own "vacation" home - we found a place we like, just listed, subject to Fannie Mae's "First Look" program, which stipulates owner-occupier only.