All costs will be rolled into the loan.choose 4,6,9 or 12 month terms for repairs paying prime plus 1.5%The permanent loan is already in place making this a one time close.The total origination is 2 points.This also works for new construction.Please email me for more info [email protected] Dennis

I'm not in yet, but hopefully it will go through (so much paperwork when you're still a minor :roll: ), and I'll post here when it does :mrgreen: .I am also considering applying for an internship, but I'd like to expand my knowledge base first before I jump into the action.

John Corey :roll:

The loan comes due when all owners pass away, the home is sold or ceases to be the primary residence.

I'm about to close on a small single family home.Purchase $85kRepairs $8k (plus holding costs for 5 months)Misc purchase and selling costs $5kTax roll value $107kComp value about $108kAvg days on market about 79 (from memory)I'm going to FSBO, and see if that works for me.

I rolled this same money over 30 times, produced a monthly net cash flow of 11,900.00 dollars, and paid off my equity line.

:roll:

So basically i have a few contacts that can help me out, please give me any advice to some things i could do to get the ball rolling

:roll: Marketing and selling: this depends on your goals.

However, my consideration is this...Since I have exclusive rights to purchase these, and all of the properties are occupied and paying rent (rent roll spreadsheet available and appraisals), why not just flip them to another investor.