@David JonssonYour dead on with the notion that the forums best interest it to empower but things like this are a slippery slope as evidenced by you summons.Dont ever confuse something legal as also being ethical.

Safe to assume I have some experience in these matters and thought I could add some commentary to the same.First one of the elephants in the room is the notion that it is "OK" to sell a property with an inflated sales price.

Remember that you're there to help them out.Perhaps you could ease in the notion that the lenders kids are probably going to need a lot for college as prices are skyrocketing and student loans can be lethal!

@Joel Owens I'm very interested in the notion of pursuing new developments.

@Tracy Bruns  Welcome!

I didnt want her to have any preconcieved notions about the house being haunted, so I let her move in.After a couple of weeks I called to see how everything was going, I asked her if everything was going OK and she said "Yeh but the house is haunted".

Here is how the formula works: Low side calculation: 1200 (100 in increased rents x 12 months) / .20 (return on capital) = 6000 for allowable cost of improvementsHigh side calcuation: 1500/.20 = 7500Again, these specific returns may or may not apply in your market, but it's the notion of budgeting and the method for calculating your max. allowable repair based upon cash flow that is the lesson.

I'd second the the notion of profiting on the front end (on the buy) and would further stress cash flow---if these two facets are done correctly, interest rates/terms become less relevant.Regards,Scott Miller

I do form preconceived notions with poor grammar being used.

If you were dealing with BUYERS on the other hand driving them around etc. then it would probably be more difficult.There are ALOT of people that tend to look down on the notion working part time for instance I just read this "Would any of you go to a Part-Time Lawyer who only works weekends?