My wife has an acquaintance who is looking for just about the type of home spoken of above, and she would be a cash buyer upon sale of her home which is on the market.

It’s not generally a good idea for the Seller to allow a buyer to move in early.

The following are maximum LTV/CLTV/HCLTV ratios for purchase or LCOR when HomeStyle Renovation mortgages are underwritten with DU* (note that borrowers can also qualify for up to 105% CLTV with eligible Community Seconds®):- One-unit principal residence to 97% LTV/CLTV/HCLTV with FRM; 95% with ARM (Available in DU on March 17) (Note: For LTVs > 95%, on purchase transactions, the borrower must be a first-time home buyer unless combined with HomeReady; for LCOR transactions, the loan must be owned or securitized by Fannie Mae.)- Two-unit principal residence to 85% LTV/CLTV/HCLTV with FRM/ARM- Three- and four-unit principal residence to 75% LTV/CLTV/HCLTV with FRM/ARM- One-unit second homes to 90% LTV/CLTV/HCLTV with FRM/ARM MH LTV/CLTV/HCLTV ratios principal residence to 95% FRM/ARM; second homes to 90% FRM/ARM (Note: 105% CLTV is not permitted with Community Seconds)    - One-unit investment properties: Purchase up to 85% LTV/CLTV/HCLTV with FRM/ARM LCOR up to 75% LTV/CLTV/HCLTV with FRM/ARM

Should I provide linens, silverware, basic kitchen condiments, spices, etc?  

I've gotten different suggestions: either conduct a basic remodel of the kitchen and bathroom, or undertake an extensive gut and remodel and convert the kitchen + living room to one large open space (that came from one of the GC's who does flips in the area). 

What does it mean when a counteroffer says this from the listing agent: "Buyer shall be credited $10k for escrow fees and other fees."

Thanks for the info @Ron S. and @Blair Poelman I was just wondering more from a buyers perspective, mainly on what you have pointed towards @Blair Poelman . 

My end goal is to invest in apartments for long term holds.I'm looking for other investors, wholesalers, and cash-buyers, in the Hampton or Newport News area that are interested in networking with me. 

I’m looking to start renting a quadplex and I’m need information on this basics and first things to do I’m 20 years old and I’m trying not to fail.

If anyone could refer me to a good buyer's agent who has experience working with investors in the Atlanta market that I might be able to contact and see if they can get in touch with the listing agent, I would greatly appreciate it.