In that case, you got a steal and also created solid value with the rehab.Additionally, it's always good to be allocating for vacancy, but a lot of the times it seems most small time investors can keep occupancy at 0% if they manage well and are in a decent market.

Of course, you want comps to be as close to identical as possible in terms of sq ft, beds, baths, rooms, acres, garage, etc.Give me a call if you want and I can give you an idea of the ARV of yours.  

The principal plus the interest received are nearly identical to the original investment amount (but a loss nonetheless).

The seller has been saying that he has realized how out-of-touch he is with housing prices today, and that future asking prices will be more in line with the market.I think Alpha and Bravo were steals.

When they miss their first payment they void the contract and steal you down payment.If you can't get financed that may be an indication that you can't afford it and should wait. 

I would not recommend anyone write their own ppm for non-acredited investors unless they have done several already, the offering is identical to the previous offerings and they know how to file it.

Refi (Yes Dave R is spinning in his grave or I'm sending him there more quickly)  Refi and consolidate debt on one or two properties and then apply all cash from every source you got including banks you can rob and lunch money you can steal from your children to that one loan.Paying of debt is a very good goal. 

I had the identical thing happen to me, when I bought my duplex.

A lot of people will steal your deal without a thought.

They are stealing older peoples saving.