I had no idea what kind of flexibility was built into their pricing and what you said clears that up for me.It was initially brought to the market at $189,900 but then was reduced to $179,500 the next day.

My initial impression is that BPO's are high.

I'm in the initial research stage.

Including the initial purchase price the total investment would be 23 million.

Hard money would be useful for the initial part where you buy and rehab, but you would still want to get into something more conventional for the long term.

Of course, if I don't want them as tenants, I just clarify the Holdover Tenant issue, reiterate the date they need to be out, and initiate the eviction process on the very first day of Holdover.The key is giving adequate notice as required by local law.

She feels that many lenders can convert the loans into long term fixed at the initial rate.

Once all the steps have been followed properly, don't hesitate to initiate the foreclosure.Certainly it is possible that even doing so, the homeowner may challenge their actions, and a State court could interpret things differently.

I forget to say :welcome: to BP with my initial reply.

Verify and that might mean bag lunches at the site.