When I ran the numbers it looked like I would be breaking even every month.Since we were under the impression that we were getting 10% down on both properties the AOS was written that way.

Keep your eyes open and see if you can possibly find a 2 or 3 unit property in the next 12 months or that you can do a little upgrading to Ao that you can raise rents and live in one of the units.

I currently have an AO on a property which is being sold by a bank and I hope to close in early June.

I'm still analyzing MFH deals and came across this wording in a OM.

The first thing you want to do is get a pencil search or a O & E report on the properties you are interested in bidding in to make sure the title is clear.

I'd have one of the first columns be something like an action date - like when is the first day you can submit an investor offer, when it went AO, when it went pending and with whom.  

One last note then I will answer your question the high-risk flood zones will usually be identified as an A or V and can be represented as (A, AE, AO A1-30 exc.) low to moderate will usually be identified as (X, unshaded X, B, C exc) zones.

I've purchased a first position NPL on a home in Atlanta GA, Fulton county. My assistant just noticed that the legal description has the incorrect street address referenced on all of the assignments and also on the or...

I'd much rather just get my rent and not mes with conversations about fees etc.

Looking at a OM for a property for sale helped alot... but it was a lot of foreign language.