Rare anyone redeems 100K house, but I can almost guarantee if you rehab it before the two years is up, someone will show up, redeem and you just remodeled their home for FREE.As far as hard money loans go typically around Houston you'll pay 2% origination fee and probably 12-14% interest for six months. 

Originally posted by @Thomas S.

Originally posted by @David Horton: I desire to make $80,000 annual cash flow income from real estate in one year.  

Fannie and Freddie will not originate loans into an LLC, last I checked, so you will be on the commercial side of any bank you work with.  

However, this terminology can obscure the underlying issue: the original asking price was not aligned with the market reality.The Benefits of Price CorrectionsWhile the term "Price Improvement" may be somewhat misleading, the process of correcting inflated prices is beneficial for the real estate market as a whole.

I do notice I got charged a Loan Origination fee twice, each for $855, I'm feeling that shouldn't be the case.

As for property taxes, I won't say it hasn't ever happened, but I would think on most properties it would be very unlikely to negotiate those to a discount by the original seller. 

Purchase price: $255,000 Was originally our primary residence, then life happened and the Navy moved us around the country for a while.

Failure to file is based on the original filing date. 

I want to break into investing via private equity because loans with interest/origination fees aren't allowed in my religion.