I'm in Kennesaw and I have BoA and Chase, they are both equally annoying to deal with.

If a property that is worth 5.3 million today at 6% cap approximately, can be bought at 5% interest rate; if the same property I could get at 4.3 millions in 2 years if the market falls, then interest rate possible at 6-7%, my cash on cash may be better but still not significantly better due to the higher interest rate, plus opportunity costs of sitting on capital for 2 years (1.3 million investment earning 1% bank interest instead of 7% COC if invested, loss of tax break depreciation, total loss may equal 200k loss in profit), plus increase in the rents and some value add could increase the cap from current 6 to 6.7 or so in 2 years.Unless, I find another source that can give me a COC of 7%, sitting on cash for 1.5-2 yrs for market to correct may itself be a loss.

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.

We agreed on a loan at 5% interest, amortized for 30 years, with a balloon payment after three years.Loan amount: $360,000Interest rate: 5%Amortized over 30 years equals a payment of $1,933 a monthHowever, the "balloon payment" is due after three years.

I'll be equally honest - broke with bad credit won't get you very far in the flipping business.

If the method of payment for this transaction is cash, assumption or conditional sales contract, the closing fee shall be paid by ___ BUYER ___ SELLER ___ shared equally."

You most certainly need to know how to pencil that out with real and reliable numbers.On your last question-Do you mean to imply you have enough for a down payment plus another amount independent of  down payment which would equal to 6 months of payments.

Keep buying properties until the paid-off cashflow would equal your goal. 

Not all buyers are created equal. 

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.