With my income soon to be at 3x my expenses I am looking forward to a life of Fat FIRE starting in 2020. 

You could get some fat shaved off that on your next dealings with them .

Purchase price: $178,000 Cash invested: $100,000 Sale price: $322,500 Fix and flip, the investor got fat on this one because it was a year project and we paid him 10% APR.

Purchase price: $178,000 Cash invested: $100,000 Sale price: $322,500 Fix and flip, the investor got fat on this one because it was a year project and we paid him 10% APR.

Since there is a lot of fat on the bone due to the mismanagement, the NOI is not the only value determinant...especially in this market.

However, my husband and i have been on a FAT version for a while; i guess without having a name to call it.

Pencil in some guesstimates if it makes you feel better, but it should be a nice fat margin where you can afford to spend a couple hundred more in one month or another without feeling a pinch.

In the old days we would call long-term employment or a fat savings account a “compensating factor“.

Although there is still some significant fat left in the deal, and we underwrote for a 1 year timeline, there have been many hiccups along the way.

I offered to run the whole job from beginning to end and they just had to sit back and collect a fat check for 50% of the profit.