Nothing too major.

I work as a Bicycle Mechanic full time, I am in college at Ferris State University with a double major, Mechanical Engineering Technology and Business Administration, and am also working on a real estate certificate from the university and at the end of attaining that also getting a brokers license.

I'd like some feedback if you folks don't mind..Here's our information:Market Value: $140,000-$145,000Mortgage Balance: $81,000Rate: 5.875%Monthly expenses:Mortgage: $525Taxes: $250Insurance: $125Total: $900Estimated Rent: $1,250 - $1,350Cashflow: $350-$450There are no major maintenance needs.

It does a good job of explaining the main concepts and how different states operate using 1 of 4 major methods.

I know a lot of people that have had major health setbacks but managed to not lose their house.

I want to be able to focus my efforts in other areas of my business but find myself wrapped up on the phone the majority of the time.

Still in college, majoring in finance, trying to gain as much knowledge as possible.Looks like a great forum!

The "comfort zone" for the majority of ARV based hard money lenders is 65-70 ARV...75 ARV is achievable, but some of the investors require cash in on the deal...Regards,Scott Miller

Your still young enough to absorb any potential major chances to the market.

Just a word of advice to beginners who have not yet bought any property....One major problem that a lot of new people run into is just getting started.