SBA is rather expensive with bonding and it's a federal debt you'll never shake lose of until paid off in full, they will take your first born, second born, drain a bank account and take your car all in the same day!

You could lose all the money that way but atleast you will have actually tried something and before you go buy some slums read the forums here and you will probably have everything you need and anything else you need you can always ask the forum...good luck :)

If you don't have a lot of experience rehabbing a property, this could put you at some risk for losing money.

At or about 2%, much lower than that (when using MLS) isn't a deal and I would break even, lose money in the opposite of an "up and coming" area. 

I ran the comps and bought it sight unseen. 

What is there to lose?

What is there to lose?

I know the crash happened in 2008, but how did you lose your apartment units.Thanks.

The agent confirmed to me that regardless what my inspection turns up, even if the roof is falling in and the foundation is crumbling, if I cancel the deal for any reason, I still lose the "option" money paid up front.

some states that would be a very big violation to the point were they could lose their license