If we can close sooner, we will.Offers that Do Not meet these Guidelines will be REJECTEDHomepath financing is not available on these propertiesProperties sold in “AS IS” condition at time of closingPLEASE US BUYER’S LEGAL NAMES, WHAT IT SHOWS ON DRIVERS LICENSEIf LLC, will need stamped articles of incorporation pagesBuyer will need to pay $100 in order for utilities to be activated for inspections, or Selling agent may turn on utilities at Buyer’s expense with permission

@Jill Herges if the sellers are pushing for this and they are p[lacing the tenant at their own expense then you should insist on reviewing the applications and giving your stamp of approval before placing anyone.

I risk insulting him with a low offer, but if he doesn't take it, I'll have only wasted a half-hour to write the LOI and a stamp to mail it.

If people don’t know that you have assets, then they are less likely to sue because there’s no use in suing people that qualify for food stamps.

Let me break down the situation:Purchase: SFR in South Tampa - Price $483,000; Rehab budget - $70,000; ARV $700,000Down payment: $300,000; Hard money loan: $183,000 (12 months interest only)Timeline: 9 month reno/3months on market/sale or cash out refiThe home is a large property with lots of potential and opportunity to blow the budget if we get carried away; however, there is enough room for mistakes before we lose our figurative shirts.

So, I would discuss with them and offer to provide a receipt if they provide a self addressed stamped envelope with each payment.

I lost my shirt in 2008 in the stock market, and until recently I cursed the stock market.

Gone is the stinky movie theater, the bead shops, the cheap T-shirt shops, the used music store.

And got taken advantage of, lost their shirt, and never wanted to invest in housing again. 

Though I wear a t shirt with machine guns on it daily (my other business), I assured her I was a professional investor, that I honored my word, and that I was offering her a solution to her problem and would help resolve all the stress surrounding the house and her divorce.