However in extreme cases you could be putting yourself at a larger financial risk.One important clause often missing or poorly written, from short investor contracts, is the defaults and remedies clause.

I neither have the time nor inclination to spend very much of my time engaged on this or any other forum so often what I post is a short version of what I share with clients and customers.

Return--in the short-term, I will force approximately $45,000 equity through a loan of $25,000.

These years taught me so much about lender owned processes, short sales and investor's formulas.  

My short term goal is to own at least 10 rental properties within the next 8 years (I have 1 now 9 more to go) with positive cash flow (ideally free and clear).

Also, their score takes a short term hit when they apply for a loan.Look for red flags.

To make the story short.

In short, I agree that you should include a target price.

You may get all the way to the closing only to find out that there's no money to close the deal.Most of them will also try to box you in with short repayment periods that are difficult to achieve & if you dont repay within that time will charge you ridiculous penaties or want a large percentage of the deal. 

The property is a Short Sale.PP-$275KARV-$410K - $430K (most recent comp sold for $457K 2 weeks ago)Estimated Rehab Cost - 60K (unable to walk the property until the offer is accepted) Holding Cost - $1200 Per Month (6 month estimated hold)Buyers Closing Cost - 3%Seller Closing Cost - 3%Realtor Commission - 5%I am looking to get the loan from a private investor and will be looking for the loan to cover purchase, rehab and holding cost.