So if you want to provide some more details then we could help better.PM me or call if you do not want to post them here.

email me atand fill me in on any other information/details you want to get more specific about and i'll see what i can advise on.

They do not want to get into the fine details of why someone might have purchased at a discount.

It is very detailed and has links to back up all the data as to where the original source of the data .

Welcome to the forum.Now on to your questions.I get the feeling that coming from a "technical engineering background" is holding you back.Okay you are going to have hang on a little with this one.If you are coming from a technical perspective then your idea of clearly communicating the truth to someone is going to be full of technical detail that I would guess will mostly confuse and complicate the mind of a normal seller.

purchase for 195k ...conventional 2 yr arm at 10%.... 20k in repairs....ARV is 260k ...I am a residential contractor so I will be doing the work.....appraised at 250 now....probably 280 to 300 after repairs depending on my detail input.

Now I have purchased a house by the skin of my teeth, and for more details about that if someone out there wants to personally write me and maybe school me Id appreciate it very much!

Thanks for the response....do a 90% loan... it would give you room for negotiation in the price of the houseCan you give details about this?

I would however like to help others through mentoring (workout details later), ideas and software.

Dealing with hardmoney lendersWhere to draw the lineAssuming the following expenses in a Real Estate Retail Transaction from end to endBuying a property expensesPurchase price+ Acquisition Expenses (Purchasing points costs + Holding Expenses for x months(mortgage payment)+ Closing Costs)+ Rehab costs + Agent/Realtor costsProperty Re-Sale expensesResale Closing costs+ Resale Marketing+ Realtor/Agent commissionwhat are the expenses a real estate investor would expect to be ignored by the hard money lender.I mean how does the investor approach the hardmoney lender,does he include all the above expenses as the loan amount when he prepares a project plan for the Hard money lenderor does he request all of the above money (expenses) part by part from the Hard money lender,please any one explain in detail,thanks,David