They usually always lose.Never, ever leave yard equipment for tenants thinking they are truthfully going to keep the yard.

Its more about the cash.Lending hard money at 5 to 10 percent per month on real estate is called usury, and can leave your principal liable.

They made her an offer on the house and she never responded their offer and sold it to someone else (for 20K more than their offer) and is now demanding that they leave within 30 days.

Hence the claim leaves you open to legal action later when a deal goes bad.Best to imply that investors have to be accredited or otherwise screened so that you are being clear that this is not for everyone.John Corey

A big company will accomodate you and leaves you with no worries for when one of your properties falls through.Good luck and best fortune to all

If I can get all the repairs done in my 10,000 amount I am estimating and then refi for like $45,000, that will leave me paying about 340 per month and pulling 5,000 out.

My question is, once I give her written notice to vacate the property at the end of the month and she doesnt leave, can I legally change the locks and lock her out since I dont have any lease aggreement with her?

Everytime I go to a seminar or class and tonights RE club, I leave with my head swimming.

Therefore, in your case, operating expenses would be about $1,040 per month, leaving $1,045 to pay the mortgage and for cash flow.

I collect the $5k up front as "Non-Refundable Option Consideration" and "IF" they exercise the OPTION, the $5k will be deducted from the purchase price of $165k, leaving my Tenant/Buyer with a balance owed of $160k.