Thats about a year of my net cashflowanyway i have a few questions to ask him.. i see a $3750  charge for points which him and i never spoke about... let me know if i have something i can negotiate or should i find a different mortage lenderPURCHASE PRICE: $250,000LOAN AMOUNT: $187,500INTEREST RATE: 7.990%APR: *8.370%TERM (MOS):360PAYMENT :**$1,895.50CASH TO CLOSE: $75,447.42250K PRICE 2 UNIT HOME INVESTMENTDOWN PMT/EQUITY: $62,500.00 LOAN TO VALUE: 75.000%APR COSTS: $2,819.67NON-APR COSTS: $2,647.75POINTS: $3,750.00UFMIP/FF/GF/SP: $0.00PREPAIDS: $3,730.00CONTRIBUTIONS: $0.00EARNEST MONEY :$0.00CASH TO CLOSE: $75,447.42FEE DETAILHazard Insurance Reserves: $250 Hazard Insurance Premium: $1,500 Taxes Reserves: $1,980 Application Fee: $1,280 Points: $0 Appraisal Fee: $675 Credit Report: $37 Flood Certification Fee: $8 Tax Service Fee: $68 Title-Courier/Exp Mail Fee: $80 Closing Protection Letter: $75Electronic Document Delivery: $25 Title Endorsement: $100 Title Examination: $100 Title-Lender Title Insurance: $843.75 Title-Settlement/Closing Fee: $625 Recording Fees: $470 Buyer's Attorney: $1 Title - NJ Tideland: $20 Title - NJ Upper Court: $13 Title - Notary Fee: $25 Title - Notice of Settlement: $40 Title - Recording Service: $10 Title - Search : $13 Title - Tax Search: $35 Title - Transaction Management: $35Title Abstract : $175 Title Bankruptcies: $13 Title Municipal Search: $55 Title Wire Transfer: $30

The way the conversation began had a somewhat judgmental framework so it’s no surprise the post took such a turn, but in taking a step back, it’s all the same message — we can’t buy everything we want all the time, so we make choices.

This denial is accurate and factual, unless, of course you believe that the utility company for the location in question is also engaging in some sort of cover up or conspiracy to prevent you from receiving a settlement?

At settlement the title company cut me a check for a little over $58,000.  

I'll be honest most of my friends and family are jealous when I tell them about my current project or when I collect my rent checks or when I come home from a settlement on a flip.

The $25M settlement years after the 'University' shut its doors also speaks volumes.Indications are that the programs were a sham similar to some currently delivered by some gurus who convince people to go into debt for programs that don't deliver true learning or skills.

@Shane H. glad to hear you appear to have reached a good settlement with your prior tenant, although I hope you won't face any more hurdles collecting. 

And that is (I believe) the framework of our Constitutional Republic.

The Federal and States leaders are exercising their legal rights to limit certain social activities to try to contain a GLOBAL PANDEMIC.Morally and Leagaly we (you,I and everyone else) owe it to our fellow citizens to follow the social guidelines put on us by our legally elected leaders.You may want to refer to the 3 Documents which framed the Moral and Legal framework of the United States:Magana Carta (Established the Moral Obligations of the Leader of the Colonies in America)Declaration of the United States (The Consequences of and Reasons England lost it's Moral Right to govern th colonies)Constitution (Which codifies the Moral Rights into a framework for Laws in the United States)So No you nor I do NOT have the Moral or Legal right to "pick and choose" what is "right or wrong"In your posts you keep asserting that your "right" to be stupid and possibly infecting other during a GLOBAL PANDEMIC is equivalent to someone following the legal social restrictions meant to keep everyone including you as safe as possible.In a Global Pandemic we are ALL in the same boat and the sooner that WE close the infection rate AND develop a Vaccination, the sooner we will be able to ALL get back to work.

Once you create a legal framework, it has budgetary implications—and states can respond in a meaningful way.”