We'll then write a promissory note for the amount, maybe attached by mortgage (if not, a lawyer said attaching a judgement lien upon default isn't too hard, provided no chapter 7 bankruptcy filing).Has anyone done this post closing?

Shouldn't we be able to protest that appraised value if we could provide photos and documents to support the home was worth around what we paid for it?

Take advantage of educational resources provided by sponsors, attend webinars or seminars, and ask questions to deepen your understanding and confidence in the investment process.5.

It can serve two purposes, provide a roof over your head and still provide some income to OFFSET your LARGE MORTGAGE payment, since you are considering putting 5% down.  

I have a list of 1/2 dozen properties in “cool areas” that will cashflow out of the box, and have a vacant unit, that I just prepared for a client looking for something similar.Let me know if you need contractor recs - my contractor is an investor as well, and will help maximize your budget/impact.

But what I do like is the FbI back ground and having to provide a financial statement..

Scott, are you able to provide some insight for a newbie?

Providing BP doesn't go out of business, it will be interesting to look back on this in 2029 and see who was right/closest.Personally, I think it's easy to go with Florida or Texas city, but they appear to already have a lot of the near term appreciation built in to today's prices.

Quote from @Carlos Ptriawan: I have very strong opinions about politics and how they impact private property rights, the family, education, small businesses, and a thousand other topics.

I have seen this guy a few times before.However, upon reviewing the documents, I have a strong suspicion that the ID provided by the husband does not belong to him.