I am seriously considering them and if they can pull off $250 net income that is pretty good, but if I raise the expenses closer to what I am reading is a realistic amount, that return drops significantly.

What impact could private lender's lien have on a future loan (assuming she drops the lien when we refi)?  

I'm waiting for my income tax refund to drop next week and am planning on finishing the rehab on this home in no more than 3 days.

As @Dan Mackin suggested drop by the local meetup and get to know some folks.

I understand that there would be 4 soon, but I believe the drop from 2600 to 1300 is too much.Can you even pay all your bills (mort, fees, taxes, insurance...etc on 1300)?

this generated about 20 or so leads for him every week.. and he closed 1 to 3 a week and soon was number one.. and soon after started his own company and had 100 agents working for him  LOL.. that was my up bringing talk about starting at the bottom..NOw a days parents are not going to drop 8 years off in a neighborhood at 7 in the mornig and let them walk for 3 to 4 hours  LOL.. but that was another time....

At mortgage renewal, we have the choice of continuing the same payment regime and paying off the property in <=10yrs, or dropping back to a smaller mortgage payment to increase cashflow - having already reduced our overall borrowing costs by >50%.

This builds seller referrals and builds my buyer's list, enabling me to close more deals.I'm opening myself up to virtual deals as well.20% of net profit on every successful closing goes back into the business: polishing my branding (online and off), paying for systems set up, hiring and training VAs/team members, dropping larger mailings, education, etc.Every morning I write my goal (4 deals a month at $10,000+ net profit each - $480,000+/yr) then I write a simple numbered action plan for that day.

Not saying the perpetrator wouldn't have gotten the drop on her regardless, but carrying definitely makes me more aware of my environment.

Should I wait until prices drop?