Rest of house in very good shape, estimating $50,000 in repairs to be conservative, hopefully 1/2 that #.That is the basics for these two that I am looking into right now, my preference in RE is buy n hold for long term wealth building and possible cash flow.

Your basically saying a licensee cannot bargain and must pay full FMV for real estate while the rest of the citizens in the state can wheel and deal.I'll go along with having to disclose you have a license if they feel compelled to say you must be some kind of thief, but a state and a department that appears not even capable of making clear and specific and reasonable rules needs to looked at closely.

Anyway, we are basically saying the same thing.

Just looking for basic liability/fire coverage.Thanks!

HAMP was supposed to solve this issue with a standard set of guidelines.Serviers website for HAMP adminhttps://www.hmpadmin.com/portal/programs/foreclosure_alternatives.jspIt was so well put together a form letter was to go out to borrowers that did not get a modification the letter basically stated here are your options, one option included a short sale and $x price all the borrowers were to do was find a real estate agent to handle the transaction.

They were basically reaching a point of not having anywhere to stay.

I explain to them that I am acting as the bank for them and still need a significant down payment and will do some sort of rental history or basic credit/job check to see that they can make the payment.

I have the basic free Viemo subscription, does that have anything to do with it?

So basically, if I were to buy a house priced at $200,000, then I would ask for $210,000 with the extra $10,000 to be a wholesale fee.

Basically, all loan calculators work on the  similar mathematical formula: [P x R x (1+R)^N]/[(1+R)^N-1where P stands for the loan amount or principal,R is the interest rate per month [if the interest rate per annum is 11%, then the rate of interest will be 11/(12 x 100)],and N is the number of monthly installmentsAs you have all three figures i.e your total loan amount, rate of interest and the period, then you can easily calculate its EMI on the basis of above formula.