Every three or six months there's magically a seasoned 25% down plus needed PITI reserves, ready for the next purchase, sitting in a plain old boring Wells Fargo checking account without a lot of activity on those two months of bank statements I ask for.They write offers that end in 888, or want me to tweak their loan amount down so the base loan amount is $XXX,888.

I see there are about three meet-up groups in the area.

I'm going to have her call all three suggestions and see what happens. 

When folks headhunt me, I ask for three things.1) Access to their interest rate pricing.2) Put me on the phone with the regional underwriting manager. 3) Put me on the phone with your regional operations manager.4) I'm not interested in talking to you, headhunter/recruiter dude, so go away.I have found that there is absolutely a trade-off.

In short, if you want a seller-carryback note created on or after January 1, 2014, if it is a private individual, trust, or estate, then ask them to sign an affidavit saying that they have not done more than three in a 12-month period and how many of them had balloons.

If you have lived in the unit for 2 out of the five years (and married even better) you may have the ability to avoid a large taxable gain on the sale - thus getting LIQUID and ready to bargain hunt WHEN not IF the Downturn happens. 

Hi Sean,I live in central NY, but my daughter lived in Woodbury with her fiancé the past three years.

With the product above it takes about five minutes to create one.

I have a three year term without proving income or showing a credit score.  

My current plan for my first investment is to find a great deal on a two or three flat, then purchase it with a FHA or 203K loan for the smaller down payment and live in one of the units.