Originally posted by @Timothy Hero:I'm surprised how many people are satisfied with 10% COC.

Purchase price: $65,000 Cash invested: $160,000 Sale price: $386,000 Contributors: Francis Nasser, David Ramirez Completely gutted the property, practically a new construction.

@Timothy Amukele absolutely do not hesitate to reach out

This began with Sir Francis Bacon (17th Century) with the concept of a mortgagor having the rights of equity or equity of redemption, that a debtor had the rights to receive the equities from secured lands after the debt was extinguished.This Common Law and has been adopted in the United States, in all states, yes, even in the Napoleonic Law state of Louisiana, that a mortgage or deed of trust is not an alienation of fee simple interests but rather a security interest as a lien upon real estate to secure the interests of the mortgagee.

Thank you @Timothy Grothuesmann and @David Muir for the quick reply.

@Timothy Murphy III  Section 5321.14 / Unconscionable terms. 

@Timothy CarrWhat is happening with the new house? 

Hi @Timothy Munger where did you start?

@Timothy Moore 

@Zack Francis I agree with the previous post.