I’ve gotten estimates and it is 45-53k.

They put up the non-refundable $5k and closed 45 days later, we were both happy.

Your statements may have been accurate 4-5 years ago but they just aren't true anymore.

It meant more frequent turn overs (cycling tenants every 2-ish years versus 4-5 in my nicer properties), which came with turnover costs.  

Then buy your own, or turn that money into a 4-5 bedroom house and live there a year, and do it again.  5 years down the road you have 10-20% ownership perhaps in 2-3-4-5 RV parks and a couple houses. 

Maybe the new podcast episode will drop soon “45% returns limited time only”Make sure to read down to paragraph 145g of the note agreement “funds will be put on red at the local roulette table”Actually I would prefer that to investing in Radio Shack 🤔  Blackjack mate, single deck, El Cortez.Best odds out of any casino world wide.Can you card count?

The rules are as you stated. 45 days to identify up to 3 properties you might buy, 180 days to close.

You’ll likely need to get more bedrooms (probably 4-5).

Originally posted by :Deal 1  sold this week at auction for a loss, probably a $4,500 loss, this is in my profit calculation.Deal 2 Bought for 20k sold for 45 with 10k down and 35k financed for 8 years at 8%  I counted this as a 45k asset but probably should have only counted it as 35 since the 10k has been reinvested and is reflected in other assets.Deal 3, bought for 10k and foreclosed on a non performing borrower, we will be all in for under 20k, and should sell for @ 45k, maybe more if we do owner financing.  

It varies deal to deal, on one property maybe up to 65% LTV, but if you have more collateral the more likely they can make something work.For example, I've done numerous deals where we place a 2nd on 4-5 properties and the lender feels comfortable lending x amount of dollarsThese are very non traditional loans and no two will ever be the same.