for sure I understand the hold back to get the old owner to move out.I recently bought a MHP and the owner could not provide title to about 6 trailers.. so I withheld 10k and with unilateral escrow instructions to our title company ( we don't use lawyers in our area). but it does the same thing your talking about.. they never produced the titles and we got the 10k.. most of the trailers I hauled to the dump any waywith this rash of ones I bought this year it was a long story on each.. suffice it to say were talking MUCH bigger dollars than 50k.. and I wanted the deals.. trying to hold back could have meant they went shopping and I missed them.. each of these I am scraping the homes and building 3 to 4 new homes on each one.. with resale prices in the 600 to 1 mil range.. so no I am not going to dink around with a 5k hold back on a 2 to 3 million dollar project.. get the land OWN It then deal with it.having to evict and have our dough out for a few months is simply not enough money to even come close to worry about with these particular deals.if your buying 50k props I get it .. and I would do the same thing..

U.S. consumers lost a lot of their discretionary spending income from 2008-2012 meaning eating at Taco Bell and shopping at Dollar General would suffice.

Will this suffice to buy again with 5% down?

If you are dealing with a motivated seller and they need to be out of their home (note) because of various reasons - they are in need of a quick turnaround, a traditional method that takes 6 months to a year to sell will not suffice.

Suffice it to say, I make no exceptions for tenants with credit below 600 anymore.

That should suffice for the future and this situation won't go to a collection agency (whew).

But suffice it to say, there are "secrets" that some people know and utilize to make money in this biz.

The water heater is gas and normally 40K BTU and 50 gallon should suffice, but since it's providing both heat for the unit and hot water, it's maxing out on capacity.

If you never plan on having many properties, then a simple spreadsheet will suffice (KISS principle) Happy Investing!

In some cases you can get the previous owner to sign a quit claim and that will suffice for some companies as well.