You need to ask yourself why would a seller let you take over thier home with no skin in the Deal.

There are no couches in the front yards or kooky pink and green color schemes.

I think an insurance agent would be a better source for knowing if it's in a flood zone, and what the classification of the flood zone would be, and cost for existing property.Being that you've found a few comparables that have sold, if they're truly comparables, implies that the realtor was excessive in their estimate; many of them tend to view properties though rose colored glasses.

Looks like you fudged the loss percent, it's not 20% it's 25% since $1,200 is actually 25% of 4,800. 960 is 20% of 4,800.In all of these examples, the "-" (minus sign) in front of the return cash number or return percent number means loss (also the color red).

For the color, I would choose a darker brown just because it will last longer (hide it's age) and is much easier to clean and hides it's age.

The whole secret is to book the hotel close to the property you have interest on, so you can check out the area in the early morning, after your viewing with the agents in the afternoon, drive around after dark & see the neighborhood.

It is the process to remove someone who entered under color of title but does not remain under color of title..It is my understanding that in many states you can illegally enter and claim to be a tenant simply by living there as short as one day.

I've seen some really beautiful applications of large tile that end up looking warmer, with way more color options than granite.

In my offer above, it would give him a chance to get some "skin in the game" at $5k to keep him interested, put him on a credit repair program, and work with him to get financed with 10% down (he'll only need to come up with another $7k).If all works as decribed above, I would put down a net of $16k ($21k less the $5k down from the T-B), and earn $375/mo in cash flow for a 28% return.Any thoughts on this structure?

Private lending is a relational and case by case basis often.HMLs are doing this professionally so they will have stricter guidelines but they aren't always going to be set in stone since, unlike a bank, they won't want to miss a good opportunity that doesn't fit a particular set of check boxes on a form.That being said if you want to get a loan with minimal skin in the game you will have to have something amazing.