When a seller carries a note on a property, and there is an existing mortgage the parties have entered into a transaction referred to as "wrapping" the existing mortgage.

Transaction costs eat up 8% of the sales price, in the best of times.

She explained what needed to be done to safely remove the old paint.

So therefore I'd be providing proof and I would get a service in return...Posting a deal in this forum would give me nothing in return and only open the gates for people to then dispute my personal business transactions...Not happening) So again, think what you want to think...You are right to leave the judgement calls to the smart people.

Is it safe to assume price appreciation of 3% (rate of inflation) when analyzing a property.

It's the same philosophy that the stock guys sell to the beginning stock investors....But, the fact is...More wealth is made running a business... and then reinvesting the proceeds...It's just a faster train...It's safe to say you don't agree with me and it's safe to say I don't agree with you....So, let it go... and we'll agree to disagree....

I will be asigning the contract, and they' aren't coming for closing.I guess to be on the safe side.

I think it's safe to say that Steve Irwin truly had fun at what he did and didn't do it just to get to the fun things.

Will,For the property in VA, I want to use my HM lender fund to close the transaction.

Do the transaction with a title company to avoid any surprises.