I then take out about 95% of the papers for my business purpose loans ... it's amazing how much disclosure is required for consumer loans, not at all surprising nobody does them anymore.Re the 45 days...you are an exception K., even the best rehabbers can't get from acquisition to resale in 45 days, it was a pretty safe bet, but he lost, oh well, he'll have to try 40 days next time.

Its amazing how bad some rooms can be and others can be near perfect.

It's amazing how much quicker you can learn by actively engaging in forum discussion here.I hope you and your husband find what you're looking for and use that to make your first move on a deal!

Wow..amazing job!!!

Its also a lighter gauge material & on the install they did crack one piece so I would assume it's prone to stress cracking.Also be wary of the lighter gauge granite from China it is very prone to cracking & will surface scratch easily.We have Granite throughout our kitchen & house (14 years now) & it takes an amazing amount of abuse.

And I'm either showing signs of an infection(I'd blame the amazing food here) or developing that itch to purchase a first investment property.I came here interested in multi-family properties initially, but seeing some of the lower end scale homes sell for 15-40k and make a really good cash-on-cash return looks more and more appealing as my end goal would be Cashflow.So back to my subject line; assuming I found a deal, had the cash on hand, how would I go about the purchase?

I am amazed at how high the rates are in FL.In Los Angeles I have a hard time getting more than 10% lately.Am funding a commercial prop now, 50% LTV, at 10% and no points, and borrower keeps haggling with me :-)Amir

First, instead of asking "why can't I do it" you should be asking "How CAN I do it" (check out Eric Thomas he's amazing)Disclaimer: I have not completed my first deal yet, but I have talked to 27 potential sellers off my marketing in 3 weeks.

Remember it's a rental, so it doesn't need to be particularly amazing-looking, but if I can choose a complementary tile color, it would improve things greatly.Here are the images: http://imgur.com/a/6wp2q#0

This is some amazing information.