One was the actual contract interest rate while the other was the rate that determined what your monthly payment was.

I continue to save, look for further deals and even jumped into having private lenders to fund future deals.However, I am having trouble determining my exit strategy and a situation popped up into my head.

Since I am retaining ownership of half the property, do I have to pay back the $8000 first time home buyers credit?

I would see this as a positive, since you're already really good at determining ARV, rehab estimates and so forth.

It is just attesting that the Grantor is no longer claiming any ownership.

However, through the screening process you can greatly reduce the chances that you'll end up with a deadbeat tenant.I can't tell that a tenant won't lose their job, but I can use my judgment to determine the likelihood.

So, for the conventional and hard money loans, you'd need to subtract your annual debt service from the $5400 to determine your actual cashflow.

This is a process most commonly between competing brokers on behalf of their agents discussing issues such as what there a coop fee, who showed the home and when, were there any signs of abandonment or estrangement by either parties and a multitude of other factors that only a fair impartial hearing panel would be used to determine if the rules set out by the Nat' Assoc. of Realtors are properly followed.Close the transaction, get your home sold, and thrreated to sue any Realtors for totious interference if any of them threated to hold up the sale unless you pay them a fee over and above what you have already agreed to in writing.

If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?

Hi, Is there a 30 day rule for Banks not to allow investors in Calif to have their completed Rehabbed property in Escrow before 30 days? We had 2 offers canceled due to their banks not allowing the sellers to be in e...