First Investment Property

Comments(8)

• 
  ray_higdon3rd April, 2005

  Congrats, shoot us your questions as you come across them.
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  InActive_Account8th April, 2005

  congrats - you have done something that millions talk about, but only a few accomplish.
  
  Look forward to hearing about the "goods" and "bads" of the deal.

• 
  mattfish118th April, 2005

  Congrats! Many people never actually purchase their first investment property!! You are on your way!
  
  Where abouts in Central NY??
  
  Good Luck!
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  InActive_Account11th April, 2005

  Closeing are always interesting. I have walked out of several - had them delayed (my fault, sellers fault). POint is they are never the same - keep pushing and you will get it closed

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  ray_higdon10th April, 2005

  Would love to know the lender that is doing 100% non-seasoned, non-owner occupied financing.
  
  As far as your questions, all of them are sources for distressed properties, using realtors would be a good idea, you are saying you have no cash at all? How will you pay for closing costs? if you currently own your house and it has any equity, using that equity is a good source of cash.
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  rayosx10th April, 2005

  thanks for the answers, so then what type of distressed sources you recommend ?

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  karensilver10th April, 2005

  I would not suggest loan fruad

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  rayosx12th April, 2005

  thanks ray for all your answers