For this reason you may want to stick extra money you have into a publicly traded reit instead of trying to buy real estate right now.The way around this loan dimemma would be to have someone (like a friend or family member) co sign the loan, which means if you don’t pay the debt they’d be liable for it.

In college I majored in Computer Science which is the field I now work in.Career, family and financial security were always my top priority and there was not a lot of talk about REI back then... so fixing and flipping remained just a dream.

I just looked up on my Social Security Earning Records and I made $7795 that year, that's $149 a week.  

Instead of being all in for $150k, I'm only in for $30k and the bank is never over 80% LTV and their money is always secured. 

Everything goes through the closing attorney, who prepares a Note and Deed of Trust between my LLC and the PML that spells out all the terms and secures the lenders interest in the property.

Take this amount out of her security deposit.If the new tenant is moving in the on the 1st, your previous tenant no longer owes you any rent for March (assuming the new lease is  starting March 1).Gail

We also do our wires in person at the bank.. so we check them then have the bank double check.. that gives us some security.

You can always try to raise the money from investors and pay them back when you secure bank financing.What does proved attractively mean?

Sometimes these books are available through public libraries, but not always.

@Bonifacio Capuyan If this contractor remains unresponsive and doesn't settle soon, I am a big believer in making his fraud public - naming and shaming.