So, we didn't sign the paperwork.But, I anticipate his mind will change due to many factors (available upon request)So, would it benefit us to insist that our bid get put in writing anyways?

The fund anticipates returns of upwards of 25% returned to the investor as fixed income.

If I sell, I would use that money to eithera) pay off the new mortgage and use the rest to get another mortgage orb) use it all to buy another house.Just writing this it makes more sense to just use that sale money to buy another house rather than paying off the anticipated mtg (bought at about $6000 in closing costs) and taking out another mtg, maybe with that same amount of closing costs--and why are they so high?

The 1031 exchange regulations include language in the preamble that specifically states refinancing in anticipation of the exchange would disqualify the 1031 exchange.

Of the two, I like this deal the best and I'd like to know what you think.84,900 - Current Sale Price80,000 - Anticipated Purchase Price130,000 - Comps15,000 - Rehab cost 4,000 - Anticipated Carrying Costs2 Month Time Frame

I anticipate renting the property for $350.00 - $400.00 a month.

I anticipate I'll have expenses and plan on just breaking even.

We will use the income generated from the properties to buy additional properties and at some point anticipate the combined income from all the properties will help us add an additional one or two to this portfolio.

In addition, I would anticipate two vacancies when their leases expire.

It will be harder than they anticipate and will do a crappy job or never finish it or get hurt or something.