I may consider selling between $715-735 to help keep my shirt firmly on my back or at least reduce my loss after fees.As for the possible fraud: I pulled paperwork last night and the allotment was listed on the HUD, had a signed addendum, and an extra exhibit lisitng the allotment, all signed off by my lawyer.

There’s allot of great opinions from experience in investors, I would definitely look at the pros and cons of liquidating your 401k Educate first, take action.

.#5 - with constant refi's and short term stay's with these debt structures why pay points unless if the net cost for the allotted period of time that you're going to hold the property is less than with no points.

But instead, I'm using some of those total allotted funds to purchase a property that will help fund another investment.

Be sure of those figures by checking with local real estate agents, ask their opinion.I once spend spent allot of money remodeling a home by adding one more bedroom and one more bath plus allot more work updating a home thinking I could get another $100,000.00 upon sale.

Its allot less work and instant cash flow.  

The beauty of that model is the 5 year warranty on the house, and a minimal monthly allotment for maintenance reserves which help boost your monthly cashflow.

In my calculations, I'm just allotting $500/month of rent purely towards taxes, so that I can stay conservative and see if the numbers still work (so basically I'm running the numbers assuming I actually get $1900/month in rent).

So what are you actually allotting for yourself in terms of livable income?

I now have a few properties that have gone over the allotted 3-5 year redemptive period.