They probably took a pounding years ago on losses and are now trying to squeeze more out with a market recovery and limit losses.

I haven't talked to a building company since I am just currently browsing potential properties and analyzing them to get some more experience doing the calculations.But I can't really analyse any deals without knowing how much the refurbishment costs are going to be.I would like to know, what should be on the snagging list to make this into a proper kitchen and also what the approximate costs would be do to all of that.Property details:2 Bed / 1 BathroomCurrent offer: 110.000 PoundsARV: 166.300 PoundsEstimated repair costs: 20.000 Pounds (not sure if this is accurate AT ALL)Offer I am putting out: 96.410 Pounds (based on the 70% rule)Rent: 1000 Pounds per calender month (2 tenants sharing the house, 500 each)The property is located in an area with 3 universities and a hospital, so I figured there would be a good chance for letting this house out with 2 tenants (correct me if I am wrong).Here are the calculations that I have learned on my 3 day property investing seminar (UK based) and have implemented in my calculation spread sheet below.Please comment on the calculations if you see something missing or find odd.

With all the new CFPB rules, it would be cent wise and pound foolish to do it without them.

Right now, I guess I would stick with the plan to buy the first and once owned tell the second lien to go pound sand, however I also recognize I do not fully understand your agreement with the borrower which could put you in an awkward position for all of this as well.  

(School fees, traffic fees, etc. liability insurance, etc.)Is he a working contractor that will be out on the job everyday pounding nails himself with employees or ?

I did make nice with the HOA though, but I told the lawyer to pound sand.I'm not as bad as banks.

Is it just something you have to look at multiple times daily or is there a better way to get an "inside source" before all the info is release to the public.It may be because I am just starting out, but I seem to only find houses that are on the market for months and months and clearly investors aren't pounding the door down for them, so why should I?

Understand there are lots of legal liabilities associated with being an RE agent.There are many agents out there pounding on the door of the bank asking to handle the bank's listings for no money up front and a success fee if they get the job done.

Pounding nails for a rehab, being a bird dog and a few other things are impossible at a distance.

Nobody is calling you a liar or a cheat, just trying to evaluate your services in the typical hesitant manner in here.REI folks have a thick skin and I get pounded by the group at times!