My goal is to get this as low as humanly possible and this listing has dropped from 150k to 120k in 10k increments for the last three months.

Almost certainly the lender would not expect it to be amortized over three years.

Don't just look at current listings, go back about three months and you'll get a picture of the top agents in the area.I assume this is a home, not commercial

If you've done it right, you will get $90,447.51.The other three are less commonly used, I find.

Hmmm...haven't I been reading that the banks won't typically talk to a private investor that only wants to buy one, or two, maybe three properties?

If you materially participate in a "personal service" activity (child care, consultant, real estate agent, etc.) for at least three years, you are a material participant for life.7.

I have a pretty good idea of what the potential rent should be, and I've got some great reading material to further refine my findings.I've got a few things to do before I actually make an offer on the property, but now I've got to figure out the best way I can purchase the property.The property is listed at just over $15,000 and needs roughly $5-10,000 in repairs, and comparable comps in the area for this kind of house would be roughly $50-55,000.So with purchase price and repairs, I'm looking at a rough estimate of $20-25,000 investment (not including taxes and closing costs or other MISC costs).I'll have roughly $14,000 in cash in approximately three weeks, but I do not want to wait.

Do they differ a lot between the three?

No they are not, but they are doable if you are willing to work at it.You could start by asking Julie Anderson for a complementary subscription to The Chattel Finance Newsletter by emailing her with your complete contact information.

That work is seasonal and has been slow for the past year so I decided to buy a REO property and have my three man crew rehab it for me.