Everything else is where the RISK is, Dirt will B worth more tomorrow...I'd wager my bottom dollar on it (& already have)Truly NOBODY "loses" on REAL Estate in the long haul, it just doesn't happen.U can't say that about anything else except precious metals 8)

With news like that circulating around and all of the other crap that goes on, it just would seem like people should know that the capitalist freedoms we have here in business are parlayed for money and power by leaders.

I'd wager it's either way higher than that or there's a lot of maintenance and repairs that have been neglected (and you'll be paying for those later).

. $100 wager to anyone interested that says HUD doesn't do anything, other than maybe prohibiting him from buying HUD homes in the future.

This savings could translate into a higher return on your time since if you paid back your 49,200 and only have 20k left @12% interest lets say your month cost to hold the property is not substantially less in the absence of obscene closing costs or points.Option B:This may be an investors dream cash back 45k in your hands and a property with no skin in the game "infinite return," assuming you still cash flow with 120k of leverage on the property.A tenant would be paying your mortgage, taxes, insurance, and etc while you've retained the property, received 45k non taxable proceeds from the refinance since the asset has not been sold, and potentially making some income each month if the numbers work.120k @30 year fixed 5.625% is only about 690.79 per month and taxes and insurance I'd wager (depending on state) is probably 130 more.

Do you want to try to parlay that gain into more?

Great job on the $12k, but if that's your only deal, I'd wager you missed a lot of $1k-$2k deals along the way.

;)I'd say it's negotiable (as a lot of commercial loans are) but I'd wager that YES they would want you to move.

I'm going to wager at least one of them doesn't know about the POS inspection or will neglect to plan for it.

I'd like to parlay some of that experience into real estate investment - the latter is a completely different animal and I'm hoping to get to know knowledgeable and helpful investors here on BP - I'm new to this so I'm not sure how much I can bring to the table for the rest of you who have been at it for much longer but hopefully we can all work together to build for our future!