If you do that everything will work out for the best.

:) I agree- I think he's got some valid points, and much like the rest of his advice, if you follow it - it's probably going to work out better in life than those who don't.

Many times the tenants have a close relationship to the borrower, being their neighbor and landlord, plus the borrower is most likely skimming rent so they will work out a deal with the tenant, such as below market rent.

Mitchell:For F, there is an exception for "the prohibitions ... shall not apply to (2) any contract, or reasonable arrangement, made with a disqualified person for office space, or legal, accounting, or other services necessary for the establishment or operation of the plan, if no more than reasonable compensation is paid therefor"--which would seem to apply.While I see what you're saying I don't think it would work out to your favor if they did decide to audit.

It is not understood yet if this will all work out in favor of the Sponsor and Issuer.The counterparty investors will likely be simply more private money from private equity and not so much pension or retirement funds or any mutual funds or alike.

As Jon Holdman already calculated, you are at 80% now, but if the ARV and rehab both go in the wrong direction for you, you could even lose money on this assuming you are looking to sell soon.But I do see crazy bidding like that every month in my area, so maybe it will work out OK for you - I just don't care for that thin of a margin given the uncertainty involved in the foreclosure auction purchases.

@Patrick L.How'd the quiet title purchase work out?

I wouldn't be afraid to walk away if it doesn't work out in the end and the seller is unwilling to negotiate .

Right now I just want to build my first spec/model home and work out the bugs, get some experience, then either build my second spec home or a clients.

Thinking out loud: There must be a way that would allow me the ability to work out of my home while residing (peacefully) in an HOA?