Make the same mistake with a 29 unit complex and you will likely hear the fat lady sing!

But not a bad rate..If he doesn't want to drop pre-payments and you really want the financing (and you plan on holding), try to negotiate a declining prepayment penalty for the first few years when you expect it will have no impact on you.If he's trying to invest money 30 years at 6% secured by real estate, send him my contact info and I'll give him a nice fat note secured by my CA property and give him pre-payment penalties for the first 10-15 years..

Another thing to consider is what rents would be if (really when) oil and gas go belly up again.

@Ryan Steele yeah I felt disgusted and felt like someone punched me in the belly when I started researching all this stuff...

I'd say you're not talking about "puts" on pork bellies.

They also seem fat enough that you that you should be able to cash flow even with a pricey 30% 2nd on it.

@Scott Sewell are you calling me fat?

That will make a difference in how fat it might be.

Low Comps in the area for this kind of home are $90,000 so with those figures I want to offer $43,500 (fat chance of acceptance I think).Do I go through the broker or whomever to submit a bid now?

Escrow to purchase my home for a responsible price leave me out door arot120k 7/16/19 at around 230pm get a call that escrow fall out ,wow then call wElls Fargo to see options and give institutions that if about to send a new contract with a approve and intent to postpone Letter I can get more time needed if faxed pronto well day 7/17/19 comes all paperwork faxed all morning calling bank finale get a hold of someone at 845 o’clock am auction starts at 9am get a postponement approved at 9:09 am lady call calls to remove my property then comes back on the line saying sorry my property sold at 9:00am like I’m like seriously start at 9se at 9am omg ,     So here is the question I defaulted on my 4felony  criminal case after paying my bill bonds men 25,000 out of a $30,000 deal  they do not pick up the charges until one year and a day later so first bell is exonerated but I get charged with one of the four Felonise and have to post another bell using the same bell got a bell been saying ball ball the man still helps me bells me out on a $50,000 bill for 1000 bucks and said and I told him I was still going to pay him on the Well come to find out he has a $250,000 lien on my property that was auctioned so I was just trying to figure out why home is there anyway to get my house back to resell it him to get the 200,000 from the investor who purchased it or what’s going to happen because seems to be like I’m still on title as owner but I have an investor coming to my house showing me a new deed of ownership but bell bondsman he still hasn’t got any or one dollar of any money