I was thinking about finding another deal for him to roll into a new one, but he's going to be spending lots of cash on a construction project on his existing property, so there's still the issue of the upfront cash, vs. the payment I want to make..Maybe I'll just keep it like this for now :)

Don't just roll over and take it without a challenge.

As an appraiser I can tell you that the estimated market value in an appraisal is only as good as the market data that is readily available. ie. comps...the problems with appraisals, which there are many, is that you are always looking in the rear view mirror at historical data...just like anything in real estate, local knowledge is also better than not, meaning that an appraiser who lives and works in the market area is better than someone coming in from 15 miles away and has no idea of the marketplace...I have seen appraiser come into my area and be off by $100k in value (on the low side)...just like anything in this world, there are hacks and there are true professionals...appraisals are a roll of the dice I'm afraid...just my opinion !

Do you want to roll up the windows and lock the door?

@Brandon Turner @ben leybovich,@sam craven @bill syrios Hello BP Friends,  I'd love to tag others, but for some reason, I don't think I'm operating the tagging feature correctly, so I'll just roll with my question:-What are the ESSENTIAL questions you ask, when interviewing candidates to be your employees?

I have been considering rolling my employer-sponsored 401K into a checkbook/self directed IRA for the purpose of providing hard money loans because I am DISGUSTED by the low ROR I get now.  

With an FHA 203 loan the repair costs can be rolled into the loan.

B grade is the way to go for Multi-Family, depends on the numbers.With that said, here are each city's respective tax rates for 2018, subject to change next week once 2019 rolls around.Euclid - 3.74% of market valueParma - 2.69% of market value

With $50k to start out with, you can either put a downpayment on one or two turnkey properties and watch your equity and cash reserves build back up over the next 30 years, or you can buy a small distressed property to flip or BRRRR and really get your snowball rolling.

Some of my homes have picky owners that want to ensure the lawn is always perfect so we hire someone to maintain the lawn and roll the cost into the rent.