Would you like to sell your property" Yes, Next step"I have that your property is a 3bed 2 bath 1200 sqft, on 7500sqft lot, is that correct" Next step"Is there anything I should know about the property/ Why are you deciding to sell/ How old was nanna when she got selected to join the Milwaukee Bucks?" 

My wife and I are new investors with identified deal flow, a selected strategy, and have done a ton of research.

My guess is they missed a payment, then started up again. 

Then you will have a principal and interest payment of around $13,450.00 plus Taxes and insurance so add in another $2800 for $16,250.00 a month. 

Your contract is evidenced by the spreadsheet, payments, and likely other communication about the work.

Your minimum down payment amount for a 2-4 unit will be about the same as an often required 20-25% down payment on a co-op.

- I would select a market that allows you to purchase a cheap (under $150,000) single-family in a C+ or better market.

so i had zero debt or interest payments on it while it was being fixed up. 

save enough for a down payment and invest in loge term hold.  

The didn't live within their means, accrued a lot of debt, and it eventually resulted in them not paying rent and being evicted.Consolidating debt reduces their payments so they have more money available, but it doesn't automatically teach them to live within their means.