No,the seller pays.Lastly, be loyal to the agent you choose ,remember their time is on commission don't waste anyones time make a firm decision with whom you choose and I'm sure they will meet your needs.Build relationships in this business and you can go far.

Doesn't meet my criteria.But hey- you bought it, knowing damned well you couldn't pay for it...or...cashed it out...not to improve, but to go on vacation....Now you're stuck, and I cant even help....but I will be there when the bank resells it, cause at this point in time at least the bank knows they made a bad decision, and you may not have the equity to sell at a loss, but hey - the bank can.

Go where you think you would want to live… If you cant make that decision…...Use a dartboard… Getting through 2008 & 2009 will answer the question of where is a good place to go for cash flow and growth...Just my 2 cents...

You can find yourself in court where you are judged to be a shark who made an illegal loan to a poor person under duress.

Then maybe if your stuck with a decision you can get feed-back and input from our members!

If the LLC wants to buy a property then the LLC should make that decision.

The LLC does not protect your investment from bad investment decisions. 8)

The banks have no emotional involvement with the property.The downside is they can be in poor condition.

Also, his credit is so poor this is his last option, a hard money loan would have killed him on payments so this was his last option next to foreclosure.The 490 amount is from what my boss knows he can get it appraised for after we fix it up, but it has yet to be appraised at the moment.

First playoffs since 1993.Poor poor mets.