I was looking at NJ yesterday, and it's 20 years from default date if the maturity date is in the future. 

That depends on the fmv and whether or not there's enough room for his end buyer to pick it up at a good price and for Nicholas earn a fee.Nicholas - since you're dealing with family, and assuming as Dion alluded to that the numbers make sense at the end of the day, you will want to fully disclose to your kin folk that you are making a buck by finding them an end buyer who will purchase your contract (and in essence, their property).

.($120 bucks at Best Buy) Definitely not pro gear, but it suits my needs just fine.

You need to know the advanatges of servicing to "sell" the seller on having servicing and they may split the costs, 15 to 25 bucks a month usually.If the SAFE Act was strickly for the consumer protection side as many claim, they would have made two simple requirements.

In other words, if you approach a random person on the street and say, "hey give me 1 million bucks" they will run from you.

I went to a few seminars where they talked about it but I didn't feel like paying the big bucks for the "software" or service they were offering to get my business LOC set up.

My monthly mortgage interest is $3700, property taxes are $1000 per month and I pay around 50 bucks a month for insurance.

I can't speak for other rehabbers, but I like to ensure that my properties are a little nicer (and have some appraisal-enhancing features) versus the other properties in the area.On the rare occasions I'll get an opinion of value, the goal is to determine not what the after-repair value is, but to determine what I should be doing to the property to get the most bang for my buck in terms of resale and appraisal value.I'll sit down with my appraiser, and he'll tell me what the property is worth if I do a typical renovation to match the neighborhood, and then he'll make recommendations on what I can do to increase the resale value and the appraisal value at retail, as I don't want the resale value to be limited by the appraised value.My appraiser is more of an adviser on what upgrades I should do, in addition to just giving me his opinion of value for different levels of rehab.If you want to help investors, that's what you should strive to do...not just do a standard BPO that may or may not reflect what the property will look like and that doesn't help the investor determine what renovations should and should not be undertaken.You can value the home in good condition and compare it with like comparables from around the area.

Pay a Realtor a few bucks for a value, better yet, get an appraisal, it can be used to bargin with, in fact you and the seller could selcet one, but you hire them.

Also, the first time you go to a NOREA meeting it's FREE...after that I think it's 20 bucks per meeting if you don't join.