And since I purchased this home for $120,000, that means my bank will have to reduce the loan amount down to $127,400 to keep my cash back at $120K with rolling in all closing costs and prepaids.

All you can do is roll with the punches

The more granular you get during this phase, the easier it will be to roll through the stressful steps of the rehab together with harmony.Another added benefit of this is that you'll begin to see if this is destined to be a "one-off" partnership or a "rinse and repeat" partnership, which will largely be determined by whether or not the two of you see the world in the same way.

We don't know yet, waiting for the test to come back but the question is if they will agree about putting it into escrow and I have no idea how much it can cost at the end

Thank you so much for helping me get the ball rolling. 4.75% interest only payments on a rental property HELOC was a lot better than I originally thought would be possible. 

PUTTING out this fire of Covid19 requires us to massive focus on making test kids, masks, PPE (personal protective equipment), ventilators and the like to PUT out the fire.   

Here's a quick guide for getting started in toilet paper arbitrage:Step 1: Find a Distributor or ManufacturerStep 2: Acquire Toilet Paper (in bulk)Step 3: Wait for Prices to SkyrocketStep 4: Sell Toilet PaperStep 5: Repeat...Important Metrics: - Price Per Roll (PPR): (Total dollar amount of rolls sold ➗ Total number of rolls sold)- Price Per Wipe (PPW): (Average Price Per Roll ➗ Total number of wipes in one roll)- Wipe Rate (WR): (Total number of rolls ➗ Total number of days)- Toilet Paper Coverage Ratio (TPCR): (Wipe Rate ➗ Total number of rolls ➗ Total number of days)Right now I'm working on getting these uploaded into the BP calculator for Pro members... so stand by.Good luck!

He himself bought properties in 80s and in the 90s turned all of the lots into Apt buildings.In other words, the guy was really wealthy and go lucky to be in Williamsburg, one of the highest appreciating neighborhoods in all of America.This is more analogous to the Billionaire Robert Smith who paid off all of the loans for Graduates from Morehouse in his class, including their Parent's loans.Personally, I think if you are going to give Charity, give it to those that are struggling or at least give a Means Test to distribute the money so that you don't give it away to people that really don't need it as much as others that are struggling.Better to donate the money to a good cause than to arbitrarily give it to people whether or not they need it.

You're terrible at learning and/or taking tests.

Just wanted to test waters and get into investing into property or purchasing an renting out or even purchasing property and reselling... any advice anyone can give me it would be greatly appreciated