Julie MarquezProject management/construction jobs have always intrigued me - it must be very satisfying to watch a project unfold according to plan.

Well I tell my attorney I’m not satisfied with a repair on the roof as it’s only kicking the can down to next year where I’ll either have to make another repair on a 150 year old slate roof (2-5k) or cover the whole cost to replace myself.

They can bid more because are satisfied with any discount - they do not need to make a return on the "flip".2.

If the creditor properly obtained a court ordered judgement and lien permission then the Owner/Seller will have to pay to satisfy the lien.

Members can also elect to block ANY individual member from sending them a PM (other than mods and admins).We hope that you guys find these changes to be what you're looking for.Those of you who wanted to be able to PM anyone without the colleague request can now do that with a PRO Account, and the rest of the privacy and security precautions should satisfy the rest of us.Thanks everyone!

Lots of properties close after the original stated closing date, as long as both parties still agree to all the terms; extensions can be signed along the way that will help but are not necessary unless there is a problem.If there are title issues, the seller can't sell the property to anyone if they require a title policy until the Title company underwriter is satisfied.

If you have investors you may need to use one or more of them to satisfy the requirements.

The material does seem a bit dated (it mentions FAXing purchase contracts to escrow and to invest in a PDA haha) Overall I am satisfied. 

First the numbers:Approx. purchase price - $35,000 eachType of units - 5-10 years old, 2 bed 2 bathRental value - approx 750 per month (satisfies the 2% rule)I don't want to deal with getting a traditional mortgage so my plan was to purchase the first unit with cash and then take out a home equity loan/line for 80% of the value of the condo (28,000) and use this plus $7000 of my own cash to purchase the next one.

Why would you do that, if your tenants are doing such a great job doing it for you.As long as you have positive cash flow, the interest you are saving isn't interest you are paying...your tenants are.I calculated the above with satisfying my one year of living in the place and then 8 years of accelerated payments.