For example, I have access to all the properties in my area that are currently going through mortgage foreclosure, tax foreclosure, probate, marked as vacant, marked as high grass or any other code violation.

For example, I have access to all the properties in my area that are currently going through mortgage foreclosure, tax foreclosure, probate, marked as vacant, marked as high grass or any other code violation.

Is this typical?

Yes, but you typically need to season for 6 months unless you get lucky and find a portfolio lender or if you decide to go commerical.

There are a lot of different ways to make that happen and that typically boils down to what you are most comfortable with and feel like is most effective for you.

I know a bank typically asks you if the property has been rented for more than two years to treat it as an investment.

Typically, with a chunk payment of $10,000 or more on a loan, a bank will re-amortize your payments based on the # of months you have left to pay, and let you keep the same interest rate!

Typically, 30 days minimum written notice is needed, and without that, you are technically entitled to the security deposit.

Those are the typical things you're always going to end up doing if you want to thrive in this business.  

@Jane Smith70%-75% LTV is pretty typical for an investment property refinanceHow much equity do you have?