The latter is typical for REOs or auction sales, the former typical otherwise.

If you have a property that has a good DSCR, typically 1.2 or greater, and you have good credit scores (to show you're not a deadbeat), and you have some money invested in the deal, you'll find a loan.

If anyone could speculate on typical reasons as to why a large number of units like this might go completely vacant that would be educational for me.Also, in general, in your experience when someone says it "needs a rehab" are they talking about spending $500 or $5000 per unit?

There are typically two ways that's done.

Typically in California Section 8 is not the best way to go unless you know exactly what you are doing.

A typical cashflow IF YOU BUY AT A HUGE DISCOUNT is $100 per unit per month.I would strongly suggest learning the business before you buy ANYTHING!

The investors for whom I negotiate build their buyers list through Craigslist, their own websites and the typical other methods: signs, referrals and MLS.I know it's tricky to list on the MLS without first having lender approval but if you list at a realistic price and disclose ahead of time, you may catch that buyer who has the time to get "mortgage ready" and doesn't mind the wait.In fact, one investor I know has a program called "Get Mortgage Ready."

(husband, wife, son, daughter, etc.)4. does anyone know what the typical min.

Maybe I need some clarification here...Typically, you have a couple of options - 1) Refinance your props into a loan in the name of your LLC.

Typically, properties are sold for 15% above the offer price.3.