I hate to draw a new party into this, but then whoever owns the property now would have cause to go back at my debtor.1.

Ok, we went back to the drawing board last night and decided what kind of cash offer we are comfortable with on this distressed triplex (a 1935 house turned into a triplex in 1995 that has stayed at 90% or higher occupancy since -right around the corner from us - high rental demand area and location is right next to bus stop/technical college, etc)We have been under contract at 71K for 5 weeks.

In this particular case, I’d simply ask if there are any laws that will be broken if you borrow from non-accredited individuals and, if not, tell her to draw up the papers and help you through the process.

We have a lot of attractive features I think would draw people to this home, but if we sell we run the risk of losing a lot of money.

In my state of Tx I have spoken with many experts on financing and I know (and feel comfortable) where to draw the line on what I can and can not do.

Personally, I disagree with you and do not understand the conclusions you are drawing from this bill.

Don't draw attention to our market, have confidence in your business model, and buy, buy, buy!

We're doing a prize drawing so you should come :)http://www.meetup.com/WestMichiganREIClub/

That town has less than 3000 people in it, and isn't close enough to DFW to draw tenants from here.

There are a lot more variable factors and that makes it harder to create a formula or to pin a specific number down.