This deal was so low that those familiar with it consider it to be the best once in a lifetime deal they've ever heard of.

That’s 2100 each for capex and repairs. with the cash flow there, there is more buffer if needed, I just don’t think I can expect a larger buffer.

You do know they will not give you November's rent (if they were ever going to do it ).Be prepare for them to call you asking why and can they change your mind. 

I will focus on small multifamily properties and single family homes in the short term and possibly trade them in Monopoly boardgame style for a larger apartment complex in the future.

MonthWanting information on getting commercial loan this is new to me I have 15 doors mostly single families and wanting to grow into larger complexes Thank in advance David

Investment Info:

Single-family residence fix & flip investment in Jeffersonville.

Purchase price: $70,000

Cash invested: $90,000

This property was the biggest transformation so far in my REI care...

No you do whats called a credit bid.. you already have your money in the deal and your expenses  and tax's if you paid those.. so what ever your owed plus late fee's and interest and foreclosure costs any money paid to senior lender and insurance any property tax etc.. all that is added into your credit bid that your entitled to.. your not entitled to more though. 

Rationalization is the most expensive word in the dictionary, and should never be used by any REI...ever.

I’m moving to Brevard County area in Florida soon and I’m trying to purchase my first investment property, actually first property ever.

Hello,We are evaluating an office purchase with a terrace that is even larger than the office.