Secondly thank you for posting that reminder and reality check for us all.I have to admit, I have a 4 family with washer/dryer hookups in the basement for each tenant and I know several tenants do not clean the lint out of the dryer regularly like they should.

This property is an investment property, and already has a tenant in it paying 700$.Since I purchased it with a short term lender, I'm looking to quickly get it refinanced with a regular bank, lower interest 30 years fixed.

I personally think that the deals that get bragged about here on this forum with regularity are either exaggerated, or just make it seam like the deal of the century is sitting on every corner because people are just simply not going to share lackluster stories.

Last week one realtor claiming to be a Hud specialist swear they have 15 days and even sent me a pdf.

@Jon Holdman FYI because I thought you'd be interested: I have heard it regularly called "open escrow" in Texas as well, at least among local investors in Austin

I can't believe how low the pubs can stoop as to claim the labor dept would manipulate numbers for any political purpose.

They have a tub that claims it will feed four people for 72 hours for $57.99 and will last 20 years.

So, its no worse than a regular W2 job.What is worse is that because you're self-employed, you have to play both halves of the Social Security taxes.

You need to have an area that is used 100% regularly and exclusively for business.

You may need to go to small claims to get a financial judgment.