As mentioned, I have a background in real estate that gives me at least a basic understanding and appreciation of the home loan process (and various related considerations, including consumer credit).The specific questions I have at this time are these:1.

I did start missing things like cooking dinner with friends and gardening.

I did start missing things like cooking dinner with friends and gardening.

For example, if tenant/buyer agrees to buy at 220,000 and seller agrees to sell to me at 200,000, and they sign a purchase agreement at 220,000, how can I tell the title company to create a check of 20,000 that way I don't go chasing the seller to give me that money?

As I stated, I am brand new to REI and I am evaluating properties for my first deal, so your input is extremely helpful to me. At

Cooking is also making a comeback which means people will want workable kitchens.

Many people may now have a greater appreciation for their water cooler conversations at the office, the trip to the grocery store to hand-pick their meats and produce, a haircut at a barbershop, a workout at a gym, or a meal with their family in a restaurant.

Its just making sure its the correct move for me at this early stage, but I agree to build my business to handle success as you put it.

Bank has me at a 5.5% interest rate 10year balloon 25yr amortization but with a 3% pre payment penalty.

And as for your calc numbers, I am going in at 5% and incurring a PMI of 150 if I were to follow through with a not so sound investment, however, I am purely in the questioning phase and any guidance from you guys is of true value for me at this point.