Before making an offer, I contacted the two bankers I'd had reasonable success communicating with in the past about the deal:$50k purchase price$30k in repairsARV $110-125kNot the deal of the century, but the low entry price point was irresistible to me.

It is a fairly consistent rule that larger returns come from loans in deeper distress or files that carry more difficult defects.

As much as you care that his tenants are treated fairly and with respect, they are his tenants.

My name is Rachelle and I am fairly new to the real estate investing world.

I'm fairly sure there is a bank out there that will lend in the high 4s to you so long as you move quickly.A few of my favorite points:1.

Some HOA's are fairly benign, others are run more strictly than North Korean labor camps.

I'd imagine there's a market for that kinda thing in every major market if a certain percentage of them turn into deals.I've worked my fair share of estate sales, but have only targeted probate once.

Fair enough, @Bill Mitchell .

We worked out a repayment plan and I received a fair amount for the stolen equipment.Good Luck, MikePS Joe's references checked out and he got along with me BUT none of the other trades on the job got along with him (I should've known better).PPS We'll also be looking around for Mr.

Your contribution will be risk and credit This seems like a fair way to split a deal 50/50.