I offered $400,000 which was accepted, and my yield on the purchase price was about 12.75%.  

I am often amazed on larger deals when buyers send in cash offers with nothing more than an LOI or contract offer.

I mistakenly signed a contract to sell my house with a cash buyer company.Ignorant of the process, I now have questions regarding renegotiating or request to amend contract.1) Earnest money was not offered by his minion.

For example, if someone has a low credit score but a great investment deal, I might suggest finding an Individual Private Lender who cares more about the property than the borrower's financial status.)Differences:Hard Money and Private Money Companies: These usually follow strict rules and have more money to lend because they have many investors.Individuals: They might offer more flexible loan terms since they decide the rules themselves.

Tampa is great for the nightlife and offers a lot of new places to wine/dine but the traffic can get a little crazy. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Doing the right thing is expensive, but it pays off in the end.Yes, this is the option I initially explored and came across this pilot program that NYC was offering specifically to help homeowners legalize basement/cellar apartments but it seems like the pilot program was not much of a success.

I would recommend listening to the BiggerPockets podcast, reading the guides and blogs, or even checking out some of the books they offer there.  

I'm a little nervous too because the asking price is a little high for the amount of repairs that are needed, but I'm trying not to scare the owner with a low ball offer because I'm focused on getting him to finance the deal so I can get a low interest rate or no interest at all.

The chances are high you will meet other house flippers that can offer insight.