We recently went into contract with hopes to move in 3 weeks, but the seller is backing out. We received a call from his realtor saying that there he has a pre-payment penalty on his loan and that he has nowhere to li...

Section 203(k) insured loans save borrowers time and money, and also protect lenders by allowing them to have the loan insured even before the condition and value of the property may offer adequate security.

I would raise their rent some each year regardless but would always go back and run the numbers (inflation, mortgage note, water bill, taxes, security light, maintenance, etc.) and make sure the numbers work to positive cash flow.the last thing you want to do is to not raise the rent for 3 years and then get a bump up on your water bill or taxes and then have to raise the rent all in one shot.easier to do it gradually over the years keeping pace with inflation and expenses.Brad McLeod

It's easy to read and they have live help on the phone.Their criminal background check is worth the money and they've dug up things that the applicant swore had been expunged.You have to go thrrough a security background check and an office inspection; nothing hard about it.Credit reports come up instantly on-line.

You can write 60 days, or 6 months if you want.To wholesale you do not need to secure a loan incase you cant find a buyer.

What you are looking for is the security of employment with the rewards of entrepreneurship.

breach or threatened breach on any provisions of this agreement, the non breaching party shall have minimum adequate remedy of $10,000,000"

I also bought every one of those properties at a BIG (huge) discount, making the LTV very low and the bank's security very high.

When purchasing a multi family.....what happens to the security deposits that they paid the previous owner?

In the future, when I am able to get a more secure and steady internet connection, I think I am going with VOIP.