They can work with you specifically to your needs and may end up being a mentor on your journey!

Customers with good credit end up paying more when they use a "Broker" or Lender who are simply the "middle men".The other thing is there are new programs that only require 15% down for 2-4 units and almost all lenders and brokers require 20% to 25% or more for 2-4 unit multifamily investment purchases.

if this is an owner occupied property and the loan was used by the owner to buy the property to live in.. then they are by federal law able to request a 3rd party mediator to meet with them and a representative from the bank and try to work out a re pay planthe issue is many in foreclosure never follow up on this and basically waive their right to this meeting. that would be step number one get into the federally mandated mediation if the owner and the property qualify.

LOCATION OF PROPERTY: Vicinity of 17th St. and Dewey, near the Parkside area.did you end up buying the property? 

People should recognize things never get cheaper (which is why now everyone should roth 401k that savings because I would rather pay taxes on it now than in 30-40 years)... 

I agree and you need #5: The communicatorthere needs to be someone on the other end of the phone to answer questions from investors.

I work with mobile home dealerships and many of their customers end upgrading to new homes while selling their used homes.

TERRIBLE strategy, it could end badly.

The reason being is this Person i never had a lease with or rental agreement comes and goes from the property and is NOT living in it..

Both of these are on-going issues we are battling but we are view these as more challenges for us to overcome to be able to reach our end goal and intend on meeting these challenges head on.