Who does have the ability to cut a check if the loan is called.But real world is many of these are foreclosure rescues  I know thats how I got all 200 of mine.. so that seller is out of the game and agreed their credit is already trashed etc..

I always figured they were cutting corners and not properly mopping. 

I think we pay a small fee to do so but we would pay more to cut and mail a check anyway so it's absolutely worth it.

Since the main piece is so large I was assuming it could be cut into smaller pieces.

Hi Tahreak, You have to be just as careful purchasing new builds, many of the homebuilders I noticed sometimes cut corners and you might have more maintenance related costs than expected.

I've audited  in 2000 something (unrelated to real estate) and the irs guy understands the situation, so they just cut the penalty by half.sometimes we worry too much, as long as it's documented, go ahead!

They might cut corners on essential structural or system repairs, leading to hidden issues that can be costly to fix later.2.

To cut to the chase, the number of days a rental property on the market may not necessarily signal a market-wide demand problem.

Indy Class C #2 sell it and cut my losses or try to rent out at -$200 to -$250 cash flow (got an honest property manager feedback) and hope it stabilizes in 2 to 3 years.

I’m taking a big (but temporary) pay cut in my move to SC (please withhold your judgment - it was a very carefully made decision).