I have never owned or dealt with real estate during the 2008 crash.My question is: Will the lending institutions close their doors on all lending programs or most lending programs during such a time and make it difficult for me to re-position the property (even if the deal was looking great from a lending perspective)?

Shawn was easy to talk to and reviewed his skills and credentials of having 5 plus years experience within real estate with me.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello,I am a newbie and finding it hard to get good deals in San Marcos,TX.  I found this...

View report*This link comes directly from our calculators, based on information input by the member who posted.

Of course, you need to be in a position to buy a replacement property in order to make it work.

I would focus on building my cash position, and perhaps working for another investor part time.  

Unless they're funding the whole acquisition, they'll never get first lien position over the big mortgagee.

Way to stay positive!

For doing due diligence you will order a BPO and an OE report then have an attorney review the report.

Can anyone share what investors do once they get a positive monthly cash flow and how soon will they use the money they save or earn to buy their next deal?