The payments would allegedly continue until the closing.Yes you read that correct, 7% quarterly.Jay Tome, a former state prosecutor representing the 33 investors, accuses Kapoor of committing fraud and civil theft against his clients.

Let’s say it appraises at $185,000 and I then want to pull my equity out of the house. 20% down would leave $37,000 in the house and in exchange only $2,000 out of my pocket ($185,000 appraisal value – $150,000 my previous equity value= $35,000 for the down payment with the $2,000 coming from my pocket).

If you're urgently seeking a lower monthly payment, rehabbing before might be tempting, but weigh it against the potential challenges. 

I imagine if I cut back a few hours at work I could easily qualify for real estate professional status. 

I have investors who may purchase with short-term seller finance and offer a sizable down payment to cover your bills. 

He already has his in another property so the seller would have to forgo his entitlement to make is assumable.The real issue with assumable loans right now is the down payment. 

If taxes are owed, do I send the payment along with the return?

However, the family is currently going through job loss but are up to date with their rent payments.

I own a triplex in a C-class area, and with the territory comes the inevitable late rent payment (or non-payment altogether).....Don't worry, I budgeted for this!

Here are the numbers (rounded up):- Original purchase price ~ $180K- Current value ~$230K- Remaining balance ~ $140K- Mortgage payment + HOA ~ $1,300- Current rent = $1,700To calculate ROI at the current time should I base it on the initial investment amount (downpayment) or the current equity position?