They needed to sell after just 6 months of owning.

She will probably game the system for the next 6-12 months, but that's what you get buying a property with a non-paying tenant in place, in an anti-landlord city. 

The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.

I even kept the cash flow number conservative and the math still works, $1K/month on a $400K property is good but not a home run by any means. 

Purchase price: $15,000 Cash invested: $25,000 Sub to deal - paid the seller and wholesaler $15,000 + $7500 closing costs to assume $84,000 mortgage with a monthly PITI of $575.

funds only go into interpleader after months of sitting in escrow. the court just does not hand the money to the seller either.. if not agreed upon the funds go to the state etc.

My wife and I are new to the forum and have been listening to the show over the past six months, and we have been motivated by all the success stories from you all!

My client recently purchased a 3/2 single family house for $160k that was near turnkey and already rented at $1900/month and in a very desirable residential neighborhood!

I believe the sponsor still is on social media going about their day to day My Guess Chris is after all the blustering and threatening this calmed down and if litigation has started its in Ca so we can check back in about 18 months to 24 months from now to see what if anything happens..

If your loan is $110K then the payment on the 15 year would be $927/month at 6.15%; 30 year option at 6.625% would be $690.