I'm buying a foreclosure for $84K, ARV should be $125-$130K based on comps, maybe a little higher based on quality and condition. 3/2.5/2 1720 Sq Ft, 1988 construction.The loan package consists of a 6 month IO construction/rehab loan where they will loan me 75% of estimated ARV now, then refi into a 30 yr fixed when work is complete.The ARV is determined by the appraiser based on comps and based on a list of improvements that I intend to make.

David MorrowHi David,I wanted to commend you on your focus and determination.

I openly admit that almost everything I know can be found on the internet, a lot of it right here.

I am determined and committed to making this work however at this point I'm at a loss as to what to do next; send 45 more yellow letters or purchase 3-4 bandit signs??

Recently over the last month or so been listening to the bp podcast religiously, reading up on the beginners guide/blog/forums, and scouring the internet for valuable information.

So, you'll be able to collect that fee before the profit is determined.

Time and perseverance always pay off for those with strong wills and determination!

If it wasn't for BP, I would be getting sucked in to the next webinar or GURU course instead of evaluating these deals and determining the best way to forge ahead.

So in short don't do what you said in your original post, it's up to the family to determine if it will fit their needs.

The penalty for getting caught.But, most people seem to agree that once the stamp is in the hands of the USPS, you're no longer allowed to reuse it.Of course, that's just stuff I found on the Internet, and we know how reliable that tends to be