You go bust, in grand fashion, because your over-leveraged. 

The trick to how this worked for such a nice profit margin was that the property was located just north of Grand Ave. only a few hundred feet over.

If you're earning less than a hundred grand a year or your net worth is under a quarter mil, then maybe the do-it-yourself approach makes more sense for you.

If there is a couple grand at play they may not drag the piano across your wood floors but rather get a professional mover to do it right.

I’m actually going to look at a 3/1 house this Saturday and I’ll probably buy it for well under 10 grand .

I've hummed and hawed about this decision for so long already that it's time for me to just pull the trigger.

The Metro Grand Rapids Real Estate Investors' FB page also announces several other meet-ups in West Michigan. 

So for now they're at the top of my listgotcha  wish you the best of luck and I am please to see DOH move to a more industry norm in their lending practice of not trying to get big deposits form borrowers.. its just not done in the industry.. the only ones that do this ( and again I am not calling them this)but the others in the industry that want up front money are scammers that will never fund.. their job is to beat you out of a few grand telling you all sorts of wonderful things and they are simply not real.If you can watch the American Greed episode on Remmington financial... these were the class pump and dump due diligence scammers.and the lady featured in this article was trying to buy an island in Clear lake CA were my dad had been a developer since the early 60s..

If the (grand)kids want to buy it, then they need to come up with the money. 

No different, IMHO, than 90% of real estate gurus.Congress does not intend this program to be a opportunity for a bunch of "consultants" and their uplines to extract five grand from these distressed homeowners.