From the time he initiated the set up of the IRA on Dec 9, and the funds were in there and ready to wire to the title company on Jan 16.

I am looking forward to connecting with investors in and out of my area, contractors, and etc. to get insight and feedback as I begin this journey.I am ready to learn, implement and be a savvy and successful investor.

I would also say there are other options to consider while you are doing due diligence where you could put your money to work and earn a return until you are ready to pull the trigger.Best of luck as you get started!

Good news is i'll pay all the fee's in the meantime and only charge you $249 (Brokerage fee) when you're ready to buy again!

I expect another revision to the mean to happen in mid to late 2015 or thereabout.When it does, I have investors and cash ready to go and start buying with both hands.

If the seller wants to sell to someone else then they might play a game of chicken with you.Did you show up at the closing table ready to sign documents??

p.s.If you haven't really looked at the unit yet, he can also do an inspection of all the under sink / bathroom areas, caulking, any plumbing or electrical issues, or any other little fixes/tweaks it might need to get it tenant ready.

You have to weigh how much rehab will this unit take to get rent ready again plus does the timing work out better if you get them out now versus using a service or attorney etc.There are usually eviction companies cheaper than attorneys that handle the filing process and emptying of units.

If yes, then you should use the purchase price plus the amount you had to spend to bring the property to rent ready condition.Also, 20% seem a little light for vacancy, maintenance and PITI.

Plumber finished top out yesterday and now it's ready.