I have been pre-approved and am looking for an agent who is familiar with both the area and multifamily investment properties.

I have been pre-approved and am looking for an agent who is familiar with both the area and multifamily investment properties.

Maybe it's the pre-foreclosures you want?

Marie P. Re

I personally don't see it.I can understand it with the PPMS for multi's that were done 3 to 5 years ago and values rocketed as rents increased and money became so available.I have only sold maybe 3 or 4 of my properties to tenants and these were pre foreclosures ( when you could legally buy them in Oregon) and the folks just bought their home back from me.Now as I exit the rental business My wife has one of her aggressive lenders calling the last 9 or 10 of my tenants and trying to qualify them to buy our homes.. other than one home the rest of my current rentals are all A class so if tenant does not buy they will be retailed.

I don't want to stop investing, but I also don't want to go try to find anymore funding as we have already gone through the Pre-approval process and I don't want to add anymore debt, which would become a problem when we find our home and try to obtain a mortgage.

I've been listening to the podcast myself and i am starting my pre-licensing class Monday. i figured it was a good start.

Get pre-qualified with them and ask for some guidance in terms of the amount of debt you can take on, reserves needed etc. 

@Walter Pape I don't believe you can find that information on List Source but I do think you can in another program called Property Pro, specifically when marketing to pre-foreclosure properties but I'm not 100% sure yet as I have not tried it yet.

Do they ever eliminate the pre-payment penalty requirement?