Jeff,Honestly, when you buy HUD homes you are rolling the dice.

:roll:

:roll:

This involved lots of behind-the-scenes stuff that will help us roll out new features to you guys faster and more reliably.

Not to mention, HUD loans are not cheap what with the reports, HUD application fee, reserves, etc.Granted, a lot of the fees can be rolled into the loan, but unless you have a multimillion dollar loan, I would have a hard time justifying the rate when it comes with quite a few strings.For the borrowers such as yourself, I would suggest a Fannie Mae multifamily loan.

Now I have to pay 4k in closing costs which I will roll into the refi, so I will receive cash out of only 76K which means I now have double the cash invested in the prop at $8k thereby reducing my cash on cash return by half on whatever the stabilized cash flow is.JJ

Then we, as a small group of three people, broadened our reach through MeetUp.com After a successful Meetup, we posted about it and thanked the BP community and it happened to catch Brandon's attention.He said he'd help us out and speak at a MeetUp and I think that really helped to build momentum and obviously Joshua joining us helped to keep it going.So I think once you get the ball rolling, you will find, as I have, that not only Joshua and Brandon but a lot of other people can help support it and grow it.

Let me break down every episode in a nut shell.Scott buys an ugly house for pennies.He rolls up in a very high priced car to belittle his contractors and cut as many corners as possible.Amy is frustrated with Scott's corner cutting and then goes behind his back to (over?)

I just listed my first duplex last week and the phone calls, texts, and emails started rolling in.

What advice for me do you have to get the ball rolling?