Going to be at the cant turn back stage of doing or not in next day or two so need a quickee opinion.

And yes, that's exactly why the regulation was adopted, some lenders were gigging borrowers with excessive escrows.And, the initial escrow deposit depends on the month the property is purchased, so it's not always 2 months. :) You'll also find that under US Code, regulations adopted by fed agencies are inforceable under law, having the full force and effect of law and prosecuted.

Stop by a residential development and take a look at various stages.

To shorten things they are now treading water and I checked myself out knowing what I had ignored for the past 8-10 years to get them above water.Now I have been diagnosed with melanoma throughout my body, it is considered stage 4.

I'm still in the build up stage and plan to work and invest another 10 - 15 years.

But 8% makes sense when I only have a 5% mortgage.I guess the point is just make sure your yield from investing is higher than the interest your paying out on debt every year.Make sure you save money for marketing, staging, attorneys, etc.

Tea Party Republicans are now at a stage of calling out and unseating RINOs and are bringing Libertarian ideology into the party.

But you can't let that stop you or make you cynical.Before you get to the cynical stage, stop and remember why you choose this business.

You are getting hard money in excess of 90% of your cost, which is quite high.I have actually not come across any hard money lender who lends that much - wouldn't mind a referral to your hard money lender!

YOU are on the hook for any damages in excess of the security deposit.