I would also check the local area to find out as much as i can in terms of the average rent in the area and just calculate all your costs so you can be at least $200/month cash flow positive after all expenses including insurance, water & sewer bill, etc.

I hauled her fat rump downstairs and threw her out into the back yard!

"Fat pig drug addict?"

Pigs get fat and hogs get slaughtered...................These types of cash to financing was a trick investors were using a few years back.They would submit an all cash offer to the bank with a quick close to get a low offer accepted.Than they would magically "have to get financing now".

Then the buyer executes all financing documents and any mortgage/security agreements.The seller goes first, which means the warranty deed is already signed and delivered to the settlement agent.If your purchase contract is not contingent on your sale, you need to be ready to buy...it's not over til the fat lady hands you your check, lol At this point the buyer has made the deposit to you, they signed all docs, and let's say they initialed the original sale agreement and saw the sale price and the go through the roof.

They aren’t fat cats by any stretch…just bought 3-4 properties along the way and did really well.

i've pushed closings back so i could close the first day or so of the next month, that way at the closing table i'd get a nice fat check for pro rated rents..way to think outside the box!!

Thats the day the media told you we had a "fat finger" trader (typed a b instead of an m?)

Some folks I just can't help, so I refer them to someone who can in full expectation that it will come back to me somewhere down the line.I'm sure this isn't new or startling information, I just wanted to point out that there are many different ways BP can help your business.

it should be noted, however, that recording a lien for the property buyer is good business, and may make them feel safe, since you don't own the property outright...it gives them negotiation leverage if you stop making your payment, it gives proof and evidence of their partial ownership if the place burns down and you get a fat check from the insurance company, and it also prevents you from selling from under them...like i said, with my attorney, it also prevents me from refinancing and pulling all the equity out...i'd check with a good banker and attorney to be sureand to answer your question, you should be happy to receive 70-80% of the note balance froma note buyer..i just sold one for 76% to be exact, but my payor had good credit (620ish), 10% down, etc, and 4 months of good payment history...