I carry a leather notebook with some nice before and after pictures.

If the seller is willing to carry financing and trusts you, he may well be the only source of funding you'll find reasonably priced in todays mortgage market with no/bad credit.

I have found that Lowes has become more limited in what they carry catering to small do-it-yourself type projects.

A single occurrence of smoking in the unit carried a $250 fine.

I like the idea of carrying a huge pocket.

If so, maybe you could find a tenant while you rehab the other property if you don't want to carry two at the same time.Good luck :wink:

You get an extra 20K but pay a little more to sell and you cut your carrying costs in half.Lenders I've spoken with will do a 90% of purchase and rehab loan up to 80% of ARV.

:)Then, to get a little deeper into the kung-fu of shutoff valves:There is usually half inch copper tubing coming out of the wall under the sink or near the toilet which carries the water into the room for the sink or toilet.

He doesn't do the loans or set up accounts, he doesn't have any operational control of the business and therefore is not entitled in any way to those profits, yet he does contribute to the over all profits of the bank, he keeps the place open. safe and clean.A GC did not find the property, contract or buy the property, (I agree they need to buy it) they are not taking the financing risk, the market risk, paying carry charges, insurance, taxes, loan costs, they usually pay material costs and advance labor costs so it doesn't come out of the GCs pocket.So, the GCs risks are pretty much limited to collecting his own contract nothing more.

Many installment transactions carry no interest, just sounds like that is due to it being RE.