Now that's something that I can agree with and the precise reason that I recommend that newbies make friends with the SUCCESSFUL investors in their local area.

Just by having the licensee on your team you can put the seller at ease, get precise sales data reports, and leverage the MLS to populate hundreds of other sites nationwide.

Hopefully this is sufficient information...if not, I can sharpen my pencil and give more precise numbers soon.

Ed- This is precisely what I've been doing since the idea became stuck in my head to invest.

Much more precise way to explain to someone who isn't licensed.

Not every tool is correct for every situation.What every you do, study the charts that @J.

@Justin Windham @Alina TrigubIn my post, I aimed to provide information and clarification - without addressing the nuance of any particular post 😀.That being said, @Justin Windham's post seems like a more precise presentation.

If I "lower" the upb and put in the minimum required interest rate of 1.5%, the mortgagor will still pay $28,500, but I would be hurt if they refinance or pay off early.If I could convince the mortgagor to raise the payment from $250 to $350, and take $500 off of the total amount which will be paid over time, I would raise my yield to 24%.The big question is how can I prevent an early payoff at the upb which will show on the amortization chart?

@Brendan SpaarHere are some charts that would confirm the positive direction.Fastest Growing County in each state.Appreciation from 2001 - 2014.

Having said that pre assembled cabinets are also better quality, because they are glued and pressed using precise squaring machines resulting in a more squared cabinet and a bit more rigid.