Premium (not delux) finishes.

At that point I new I was either in for them not paying in the future or constant lateness which was already happening.

Only late in the game did I realize that it would be easier to win the lottery than offload it.

Qustion #5: It seems that marketing to owners late in their foreclosures would be best since they don't have time to sell.

okay, here's an example:we're currently negotiating a house in the number one school district in the statein a premium townshipin a specific area with absolutely beautiful homes around iton a .35 acre nicely shaded flat lotwith a sunset right in the back yardthat is in need of minor repairsthat looks aweful to the untrained eye - and i mean badthat smells like catswith hardwood floors throughoutin need of a kitchen redo (cabinet refacing)needs minor upgrades to bathroomneeds quick finishing walls in basement, throw down some rugsneeds driveway pavingHOUSE was a rental, husband passed and wife wants to sell it.asking price: 299,000 - as is - it is probably priced about okay for the condition it is in.Price we're negotiating for - 265,000 (maximum)Projected repairs - 23,000 (we do the work - 1 month completion)Projected Closing Costs (X2) - 28,000Projected Holding Costs - 15,000 (6 months - 8% 30 yr term - just a regular PITI)ARV - 395,000Profit - 75,000the above numbers are extremely conservative.

Another thing they did they collected the rent and if it was late they kept the late fee .

Buy a late model used car with maybe half of the 10k down and finance the rest into the newer car, this leaves you upside down on the newer car, but it may be a better situation than the current one.

First your not going to have a mortage until the property is finish and you can get title.

After I'm finished my degree, I want to start investing.

Is it too late to buy the 2nd on this property (at a discount of course.)