I went low end of middle.

Originally posted for 100k over what the purchase price was I submitted an low offer and received a counter.

Of course if we refinance our DSCR loans we will have a 5% PPP which is not a fun pill to swallow but for some properties with a low LTVs, we're open to it.We need a loan product that is asset based.

During this renovation period would you, as the lender, want an Actual Cash Value or Replacement Cost policy in place?

I paid about $1500 in closing costs between title, appraisal, etc, but the original loan was wiped out in favor of a new lower rate. 

Given that the financials appear solid and these are typically low-maintenance, stable investments, I’m curious—why are so many owners selling them?

What should it cost?

I paid it off within the year, so it cost me no interest. 

We’re at or near record low foreclosures, you’re farming a hard row. 

@Dave MaloneEverytime I read “the goldmine is in the network” to me they are selling kegs of kool aid and it’s a circle you know what with nothing for itYou could read j Scott book and get a lot of info on costs etc.