And yes, that's exactly why the regulation was adopted, some lenders were gigging borrowers with excessive escrows.And, the initial escrow deposit depends on the month the property is purchased, so it's not always 2 months. :) You'll also find that under US Code, regulations adopted by fed agencies are inforceable under law, having the full force and effect of law and prosecuted.

Stage one is upgrading from fuses to a 200 amp service.

As you can see, once they reach a certain stage of the foreclosure process, it's almost impossible for them to stop it.

Banks aren't to make a profit on the sale, they only have a collateral interest, they can charge fees and servicers charge fees that eat away at any equity, but excess equity is to go to the owner.Yes, if the bank trys to sell but can't they can lower the price until sold, in fact required to do write downs, then any loss may become a deficiecy owed by the owner.

IE: 15k rehab = 15k net profit, 20k rehab = 20k profit, 5k rehab = 12k profit, etc...I think I would be comfortable paying her $2,000 for every deal she was able to find in this way, but I'd also like to give her an incentive to find better deals than that as well...I'm thinking of drafting a document agreeing to a $2,000 commission on any acceptable deal that meets company buying guidelines as well as a bonus 25% of potential profits in excess of minimum net profit guidelines.

That being said, smoke damage can also be caused by excessive burning of candles.

The Japanese have already shown us that a country can carry in excess of 200% debt to GDP and the Greeks have shown us that 170% is unsustainable.

But you can't let that stop you or make you cynical.Before you get to the cynical stage, stop and remember why you choose this business.

You are getting hard money in excess of 90% of your cost, which is quite high.I have actually not come across any hard money lender who lends that much - wouldn't mind a referral to your hard money lender!

Like Christian I am still at the early stages of my career and only completed a handful of deals, although I used to work for someone else.