Excellent.

Use Excel or a financial calculator to calculate the P&I payment.

Is their a minimum required production amount?

However, lenders normally have a CLTV issue with seller carrybacks.Perhaps Roger has a niche product like in the good old days of sub-prime.

Paying more for a product like bamboo is not worth it.

Looks like an excellent deal:With the simple analysis:Rent: $2400Expenses: $1200 (50% rule, see Rental Property forum)NOI: $1200Payment: $699 ($105K, 7%, 30 years)Cash Flow: $501Cash Flow per unit: $167Very goodAnalysis with your down payment $18,000, and assuming you pay the rehab costs out of pocket:Payment: $379 ($57K, 7%, 30 years)Cash invested: $50,670 (including closing costs)Cash flow: $821Cash on cash return: 19.4%

Wordpress is excellent as well, but overall, it depends on what your needs are exactly.

With banks, mortgage brokers, stock brokers, insurnace companies, rating agencies and others all taking a cut of these products, the demand was insatable.

The problem with that is he and many others like him have little to no experience doing the negotiations and spend most of their time trying to get listings, etc rather than attacking the bank negotiations in a productive and efficient manner.How do you know the agent did not present the offer?

Scott has an excellent pair of books about flipping houses and estimating repairs that are offered in the BP bookstore.