Yeah, I do like the lock on interest rate hikes on credit cards.

I suspect that the lender has a written procedure that gives the loan officer no more than eight days to accept the loan application, pull credit, execute a rate lock, get the truth in lending and good faith estimate to the loan applicant who signs and returns, and collect the documentation that is required to accompany the loan application that is forwarded to the underwriter.

Hi, COGS could be anything from site management expenses, rental discounts for new tenants to attorney fees for lease agreements and having to change out locks.

I don't consider instant equity to be profit if it is still locked in the property.

If you locked up the contract at $20k with the bank, you certainly have your self a good deal (both for yourself to rehab or to wholesale) so long as the numbers you provided are accurate.$50k ARV X .7 = $35k less $10k repairs = max offer of $25k.Offer $15k and see if they bite, make yourself some more coin and leave your self room to counter up to $20k.

We've finally locked the date and location for the next BiggerPockets Denver Get Together . . . here are the details:WHEN: Thursday, November 19, 2009 at 7:00pmWHERE: Brooklyn's - 901 Auraria Pkwy, Denver, CO 80204http://www.brooklynsrestaurants.com(303) 607-0002 (Restaurant Phone if you have any questions)Come by with business cards, a thirst for a few drinks and a hunger for some great networking and food.Please RSVP on our EVENTS CALENDAROh . . . and if you're not already a member, please be sure to join the Denver Group here on BP to ensure you are notified of all group events.

I offer him 80k.. wow.. let he was pissed f- bomb here & there.. so.. he wants me to go the house replace the locks with a Contractor.. and make a offer again.. im having my partner write a letter that he will let us do that..

Makes me think away around it, but I am still thinking about it.I think the program is going to support a lot of real estate agents because it does lock in sales commissions.

I know showings based upon recorded RMLS lock box activity in Portland, OR for the first half of May was way down compared to April ....

In this scenario, would the 45-60 day lock up need to be changed to 1-2 years?