You can use bank financing to buy REOs if you do everything correctly.

I am currently in the early learning stages of getting my numbers correct when evaluating a property.

The good news is you have lots of options to access this information yourself, and you can take steps to correct any errors you find.Once you are confident your credit report is where it needs to be, you can explore financing options, like traditional lending, hard money loans, and private financial backers.

The good news is you have lots of options to access this information yourself, and you can take steps to correct any errors you find.Once you are confident your credit report is where it needs to be, you can explore financing options, like traditional lending, hard money loans, and private financial backers.

Hello Everyone,A private lender is offering a home equity loan on my old single family residence.I am assuming he will put a lien on it with a 2nd position, correct?

I will confirm with my RE Agent and my attorney to make sure my contract and inspection clause is correct! 

U are meaning mosher Apts. correct.

Then laugh and order correctly. 

I am not sure if this is the 'correct' way, but this is how I have done it in the past:I would just treat it like a 6-plex and input the numbers as if it were one property.

Intrafamily deals for owner occupants - structured correctly - have "yes" answers to all the "dumb questions" people ask such as "can equity be used in place of a down payment?"