At that rate, even a 1 percent spread is still 700 million.

A question on the same issue, have you encountered any problems with lenders who question the spread between acquisition price and selling price

5) does te 5% rule on the purchase price consist of the spread for invstor (me)?

You can download a free PDF version at...http://www.realestateinvestmentcenter.com/book-media/RealNumbers-PDF-081015-S.pdfIt may be helpful to at least scan the 1st couple of chapters.

They seemed out of touch with the price of the house but I didn't know if that was a wide spread issue or something specific with this place.

I would completely agree that if you cant afford to do the whole house, focus on the main components thoroughly and not bits and pieces spread throughout.

The media is attacking private citizens rather than the public officials upon whom the scrutiny is SUPPOSED to be focused!

http://www.huffingtonpost.com/greg-mitchell/massive-media-fail-female_b_355600.html Along with this, and going back to the Pat Tillman fiasco and cover-up, it makes you wonder if the military figures that they can tell a story any way they want, and they really don't need to be too concerned about the details...

Spreading your bets across asset classes is the safter course for most.

This spread is how they make their profits.