Whatever your decision, just do it right that will produce a daily gain.  

Good debt is debt which pays for an income producing asset.

The best to you and your wife in your endeavors.Learn, Apply, Produce!

That project ended up exceeding all of our expectations and is detailed more in this forum post.https://www.biggerpockets.com/forums/223/topics/20...Since the start of my first rehab project in March of last year I've purchased, rehabbed, and sold 5 properties (4 SFR's and 1 Condo) that produced a net profit of approximately $146,000.  

I am constantly amazed at the low quality of work that many agents produce.    

he nodded to him pro forma" adjectiveadjective: proforma1. done or produced as a matter of form."

I've developed my analysis sheets and parameters based on all my research, basically looking for minimum of $300/month CF with 20% initial equity after all costs, and below $20k in cash outlay, producing at least 15% ROI.  

They produce alot of homes here in Florida.  

That is the body that has power over licenses and an enforcement arm.The NAR will probably tell you the same thing ("Take it up with the state division").Let us know what becomes of it.

CFD holds by seller(s) and to generate to the Seller no less than 8% interest, given a producing CAP rate of +15%.So the total deal is $900.000kHis question is clear, I think a lot of buyers want a deal like this.Still I am curious because the first calculations look profitable (with the assumption that refinancing at 5% for 20 years is possible).