And don’t be scared to err on the side of UNDER leveraged as a whole.

Err on the side of caution - it only takes an accusation to bring a case against you.

This proves to be in line with the market, but I like to err on the side of caution and use lower numbers.

I posted a few comments in some other threads where she posted erroneous info.

You need to get an updated quote from several companies to see if the $7k figure it legit or erroneous.

We'll err on the side of pricing that one high and letting it sit for a bit if necessary.

While I do believe there is a value I am adding to service my owners in attaining properties I couldn't sleep at night if I 1)got them a property that was at 100% FMV 2) charge them erroneous fees.

So lets review the numbers as to where we are at:we arrived at the following numbers87,000 For the property dropped the purchase price down a bit45,000 for repairs (with the Murphy's 10% in the mix because I know he will show up)8,205 First closing costs (overestimated originally)9,450 holding costs ( so that is what 13% interest a month looks like @ 6 months I am going to have this property gone in 3 months but we will err on the side of caution)9,700 Second closing costs (time to make my better half REALLY happy)192,000  ARV based on professional appraisal value$30,000 approx. profit (if I line everything up correctly and a meteor does not strike the house)Bug guy is lined upDumpster is lined upSub contractors are in placetools are ready to goTruck and trailer are set  If you have any last minute thoughts please feel free to put them forth.Cheers,Darin

If there is erroneous information on your credit reports (highly likely) get it corrected as soon as possible.

Better to err on the side of caution.