And I think my results will fall in that range a good majority of the time..

He did say I can use gifted funds, which is a relief because the deal will fall through otherwise.My main question is this: why does the FHA require reserves on 3 & 4 unit properties if they've already approved me, based on income, for PITI that I can afford on my own?

January is a 3 paycheck month (paid every 2 weeks, the dates just fall that way) and we'd be saving again.After this, I don't know.

Steve, was not meant to start a debate on lien priority per IRS and I agree IRS liens fall in line with redemption rights.

Since then, I have been going through a divorce and haven't done a thing to this property except to get rid of two sheds that were falling apart and cuttng down 3 dead trees.

CO is a silent killer.

\Definitely corrosion, most likely Draino.That pipe is falling apart, but is this the only spot for now, or there are other holes up or downstream?

My point is that I feel most investor owner financed mortgages will fall into the high cost camp.

As you continue to work, more of what you are specifically looking for will fall into place.

I have no idea where wholesalers get the idea that Realtors don't have cash buyers it pretty much falls in the bias developed to justify wholesalers having some unique advantage in marketing.