So total monthly payment, including utilities for one unit is 2,410.This deal sucks in my opinion but the assumable loan makes this slightly more attractive.

Hi all,This is going out to all real estate investors who have utilized Hard Money in their deals.In what way can the hard money industry be improved?

Are the utilities separated and separately metered?

They want the mortgage statement to go to the house and they want to see utilities established in your name for the property.

Given your figures for laminate coutner tops material and installation, the $36 per linear ft seems very high.

Has anyone had any experience purchasing a bank owned property where the bank will not cooperate with turning on utilities?

They are not only a commodity but also utilized to add value to society and offer a lot of the downside risk hedging while still offering some level of real return.This is a bit cryptic and dodgy of an answer, but I hope it is at least of some help

This liability policy is really to protect me, however, if something really bad were to happen on this property, this insurance would be utilized in a defense, which would also protect the owner of the home.

I've gotten similar responses before but it's easy to get excited when I hear about sub2s and using other people's money for 100% financing.Right now I'm getting my Real Estate License in the evenings, and while I know it's material that I could find elsewhere, I'm really glad I'm doing it.

Utilities is one easy way and there are others.And yes, they may be keeping a more watchful eye on your loan knowing you are wanting to sell.