When they don't respond and pay that, I simply evict for nonpayment as I have made them a defacto tenant with the initial notice.

For 30Y loans made to an LLC - 15%-25% down minimum depending on what type of lender you are using. 

Hello,I made a beginner post recently about trying to break into real estate investing and had a lot of helpful responses.

Having a community and folks that were willing to help -- made the biggest difference for me. 

I have not even made any cash flow from a month to month basis and the current rent does not fully cover property tax, insurance and mortgage. 

All are 4/4.5/2 What made you interested in investing in this type of deal?

Say you put that 10k in and made 7% per year for 5 years and compounded it each year that equate to a 7% IRR for those 5 years precluded that your 10k was returned to you at the end of the period.

Here it goes:1) Investor fills out our app.2) Investor quickly submits POF.3) Investor answers pre-qualification questions.4) Call scheduled with me and we talk for a good 60min and have a fantastic call (Investor is made aware of our entire business model and how we operate.

A friend on the HOA board tipped me off that she's being foreclosed on when the attorney reached out to the HOA to see if there were any past due dues.I was able to tour the property and made an offer that she soundly rejected.

The agent has since claimed she made a mistake and sent a doc u sign for us and the seller to correct it.