If the market is $1100 and you collect $1300 with a $200 a month credit then you will ginerally be fine.Second.

My name is Shane Sanders from National Data Research Inc.

I would ask questions like a data miner.

Those things are all over the place and don't seem to correlate at all with actual value.Also, I would heavily weight any calculation I did with the remaining data to strongly favor the comps you get from the real estate agent.

With that came a nice note from the collection agency thanking me for my mess up and alerting them.....Thanks lexington great job.Secondly - They disputed two cards that are over 3 years old and had a perfect Credit history. they are now removed and my credit score is tanked.

Let's say the land is worth $ 4,000,000 so LTV on note is 50%.The note is a 5 YR Balloon, I/O due in 5 YRS the amount is for $ 2,000,000 with the note rate at 9% interest only for 5 years.Interest payments collected monthy would be $ 15,000 with $ 900,000 collected over 60 months and $ 2,000,000 due at month 60.What could I expect if I wanted to sell this note?

Zillow compiles their data from several different sources, and it is not always the most accurate data.In reference to a good beginning offer, that will depend on your exit strategy.

Do any of you use a database program or XL spreadsheet type of thing to keep all your data straight?

And a Note To Ryan: Another great post to add to your "intro page" of "collected greatest posts."

Take the emotion out of it, and trust your numbers and the data you have to support your decision and that will help to reduce your risk and hopefully set your mind at ease as you do your first deal.