Your inputs for this section of the loan would be as follows: Number of periods "N" = 24Interest "I" = (.10/12) 

Im looking at homes around 50k to rehab and hold private lendersjv partners on my first fix n flipand if you need anything or just want to touch bases PM me lets talk

There's also one in Rocky Hill the second Wed of each month at the Wood N Tap.

I want 3-5+ to compare, contrast and run by a local N.

@Roy N. iIdon't know if I can find better use for the money...

Keep us posted on the n your progressIf your interested PM me as I have a lender, low-cost entry market to invest in and great properties(SFR's) all under 65K that beat the 1% rule and cash flow nicely.

Looking to do wjolesaling n some flips to start.

Why don't you just attend (don't bid) if the property still interest's you.Mark (N-CA)Sac/Placer counties.. 

Where traditionally money is made in San Diego by buy n hold is in appreciation and rent appreciation. 

My name is Yiyi, I'm a newbie looking to house hack in my area, I saw this one in area I like:http://www.zillow.com/homedetails/2642-N-Frederick...It looks like a good deal to me, looks like it would fit in the 1% rule at a glance, tenants is probably easier to handle because it is in the college neighborhood and it has a bunch of studios in it.