$1550, not $1950 -- and it's quite overpriced mainly because it's close to CMU, and the glut of students and lack of housing drives up prices around here, especially when you're desperate near the start of a semester.As for lease violations -- the only issue is the junk left behind, which was as I said present when they moved in; but of course that is their word against the landlord's.

I am 24 years old and have been interested in Real Estate for quite some time.

As to including repair estimates with my offer, I'll definitely quit making those under my company name.

As AllCash has already mentioned (you have quite a memory there 8) ), the PMI drops off at 80 LTV (loan to value)---based upon the figures you provided, your current loan to value is 88...There is no benefit to a rate and term refinance at this point, if your intent is to eliminate PMI...There might have been a time when comparing a refi option with LPMI (lender paid PMI) might be feasible, but in the absense of more info (and prevailing market conditions), you might be better off leaving things alone.Regards,Scott Miller

It's been quite an education.Jon

Plus an entity's purpose is to protect your personal assets from business liability (or to segregate business liabilities as you grow), so unless you have quite a bit in personal assets when you start out, an entity isn't even worth the hassle yet.

Thanks for the reply.And yes, it seems quite logical to have a listed home with no offers would help persuade the lender to short sale.

We have an abundance of ill-informed homeowners who do not quite grasp the concept of maintaining their septic systems.

Issue a 3 day notice to quit to be on the safe side.

shirleyh,1)Free from defects has nothing to do with a home inspection.2)You need the same things to buy REO as you do any other property.I'm not being funny, but many of your questions in this thread and others are quite confusing because they're either out of context, or just don't make sense.