Pain and suffering I'm sure.

Some lenders will then look back to the prior sale price (1st leg of the double close).Be prepared for the 2nd leg to fail at the closing table with a late underwriting block if the end buyer is getting a conventional mortgage.Other lenders will not care but you do need to be prepared to end up with 1/2 of a double close.

Trump is building his towers a few blocks away, and there are Multi million dowllar condos a few blocks away.You mentioned "staying power", are you referring to ability to make the mortgage payments if there is no renter?

Hey all, I'm trying to come up with a FAQ for sellers that I deal with, but I am having a real mental block because I'm not really sure what they would want to know.

Try your local library and enrich your mind on these things that can aid in you becoming a bigger pro in this game.We all are learning everyday to be better players in the game of business and i learn so much everyday thats sometimes i have to take a break because my head hurts from all the knowledge i consume all day long.No matter what you do always use a corporation or llc to play the game of business and never ever do business as a DBA unless you want to take the pain home when something goes wrong and you are 100% liable for.

As part of a block grant for community development, the developer worked a deal with the city to contribute $15K per unit towards the downpayment towards the conversion when a tenant chose to exercise.

Having an "intern" follow them around or be around in the office might just be a pain in the rear to them.

A tenant that is a pain and tends to stay longer could be a nightmare.In addition to a higher deposit you might want to consider an extra monthly charge for a tenant with pets.

A thin deal will teach you about doing a deal from start to finish while not doing a deal keeps you blocked.2.

if i can get the suckiest house on the block for 20K below it's value, let's say 80K, and it assesses at 104K as is, and comps in that neighborhood are going for 124K - to me that's a deal, depending on the house's bones.