Can you give the forum a few numbers on your existing properties, including estimated values, current loan balances, current rent on the duplex and expected rent on the SFH?

If I am wrong, then please clarify what is and what is not allowed in response to someone stating that they need a CPA.If I am correct, then let me tell you that these rules are enforced very inconsistently, and there're a few people who have been committing these violations repeatedly for months, seemingly without any repercussions for this behavior.

Just like in Southern Italy, where houses are sold for as little as one euro, similar initiatives exist in Spain to attract people to repopulate villages and revitalize these areas." the one part I'd disagree with is "many".So why was I shocked then?

Commitment Letter: A loan term sheet shows intent but isn’t binding so that brokers may see it as preliminary.

At 23, your unfair advantage is time that is not constrained by collecting commitments of a family.

Although certain defenses do exist including, insofar as is relevant here, unreasonable hardship, " 'the court's discretion to grant or deny specific performance of a contract for the sale of realty is not unlimited; unless the court finds that granting a decree of specific performance would be a drastic or harsh remedy, or work injustice, the court must direct specific performance' " (id., quoting 91 NY Jur 2d, Real Property Sales and Exchanges § 204).

I wanted to offer him about $50K over what is remaining on the mortgage and go through the 60-90 day process to assume the existing mortgage.

Current PM behind one month payments to owner and already collected from tenants.How to get Security Deposits of the existing tenants from current PM and how to transfer to new PM company.

I’m also glad the FCC is cracking down on robocalls for lead generation; it forces people to commit to real prospecting instead of cutting corners.Over the years, I’ve run a solid brokerage team, training agents and now I help people get into wholesaling.

@Frankie Paterno In most places you will likely find that your $1.2MM will go much further with existing built as opposed to developing.