Our goal is to find a duplex that is in need of repair so we can add value to create a nice ARV.

By exploring these diverse avenues of funding, you can access the capital necessary to successfully execute your real estate investment strategies and achieve your financial goals.The Importance of ARV (After Repair Value): Discover the crucial role that accurately estimating the After Repair Value (ARV) plays in influencing the success of your financing and refinancing endeavors.

His family owns real estate in town, so I've been learning how to repair fixer-upper properties in order to gain some experience. 

To me in the end, I am looking for the loan officer that provides the best service. 

trash services?

The seller has agreed to give a credit of $7000 and price reduction of $5000 for window repairs after closing, this would cover the costs of replacing the windows that are in the worst condition.

I do have a refundable $1000 direct damage deposit collected through all services.

Given the inspection findings, you have a basis to renegotiate the purchase price or request seller concessions, such as a price reduction or credits at closing to cover repair costs as well.To do a proper analysis on whether the purchase is worth it, you'd need to calculate the expected rent after repairs and the ARV.

Return is 35-40K per year . or 300 cashflow after setting 300 aside for future maintenance and repairs.. that is of course if i can rent it for the 1600 . if it drops to 1500 well then its still 100 over that 300 im saving every month.what do you think now ?

Then the judgment would need to attach to the property and then you can foreclose.Issues that could come up are I assume there is no third party servicer to claim the payments were or were not made- so there is a he said she said - if they also occupy the property and statements were not sent you cannot charge interest typically on the loan.You will need an attorney involved to see what if it is still collectible.