Hey everyone,I'm not a big blogger or poster mainly just lurk, but I wanted to share my story for anyone who is interested. I have been out of the real estate game for a while "claiming I was too busy" and found Bigge...

Here is what I can tell you:I will call a title company at 4:53 PM on a weekday, expect them to pick up the phone, and confirm within 2 minutes that they have a notary that can sign someone at 10 AM the next day.If they do not meet my expectations, that is a big fat negative mark in my book.When they do meet my expectations, as they typically do if it's a local branch with folks I've worked with before, it's a neutral mark in my book.Your market may be different, I don't know, but that should give you an idea for what someone in RE professionally expects from any decent title company. 

They are basically rushing the close...I am OK with that because in my eyes, the faster we close the earlier i can start burning up time to the 90 day Deed restriction.My advice is if your an investor and the property seems like a "normal" flip (standard renovation/rehab, nothing to crazy) go in at your best price and leave it at that (depending on how they price is, sometimes it's priced to sell sometimes they are priced to SIT).

This is most likely to happen if you do not have 6-12 months of living expenses sitting liquid and ready to be used.Know that the 2 year burn out rate is probably north of 75%.

However, I want to vet as much as possible digitally before I start committing to burning some jet fuel.

You burn a lot of fuel getting off the ground, but once you are at altitude, you can throttle back and enjoy the ride.  

@Nick Burns  Personally I would just set it up as a 30 year amortization and pay extra toward principal each month if you have extra that month.  

If your starting out I would recommend checking out Troy's shindig for a few months before you burn the cash on something you might lose interest in a few months.

I say in my profile that "I've had my fill of toilets and tenants", but I think I'm a little burned out from my current assignment.

The above numbers are realistic for a fund that needs to buy consistently and can't wait to take only the fat pitches.