Needless to say, I had that funny feeling and have not made any subsequent Investment Proposals with that person.

The lack of written documentation describing property condition at contract acceptance, however, will preclude consideration for repairs or price adjustments in the event of subsequent damage.

One of those four was subsequently paid the $2000. and the quit claim deed they signed was registered with the county.Now the remaining four owners say that they have an investor-buyer who is going to pay $70. for the house and they are just going to sell it to the investor-buyer.In addition to all that; I own the property next door and their garage is partially build on my land.

He also emailed out some of his slides, spreadsheets and documents with us so we have the details to hand.I thoroughly learned all the math to buy a good deal: maximum allowable purchase price, cost per unit, gross rent multiplier, net operating income, cap rate, debt service rule of thumb (.007), profit per unit, cash on cash return, coverage ratio and expenses rule of thumb percentages.I learned questions to ask a broker, the order to do things (check math before offering, confirming expenses before viewing property), how to use hard money lenders, negotiating with vendors and dealing with their objections, using vendor take back strategies, what to do in due diligence (everything), a list of clauses with how they benefit the purchaser and how to negotiate with them, how to stack the clauses, strategies for becoming a RE entrepreneur, ideas for creative financing, how to do no money down deals, how to make offers, what types of exit strategies affect the negotiations and more.I haven't spent much time on this site yet so this is probably covered along with lots more.

For service, its on a sliding scale depending on what the part is.I agree that on a $6000 job, it's a little bit different than $600.

I believe it's a sliding scale.

Did you let a lot of small issues slide until they got bigger and bigger?

Further, the legal right to extinguish redemption (foreclose) is only for subsequent interests granted.

Obviously subsequent loans would not be cash out as no equity would be established in a short period.I refinanced one borrower three times in back to back closings under the same wholesale mortgage banker as interest rates were falling and paid the differences in settlement fees for the borrower!

Yes, but they are probably selling them because the properties probably aren't worth all the previous/ subsequent years of taxes owed, plus you'd have to pay all the additional years of taxes before you could send them to auction.