If you buy as investment fix and flip then you have to go hard money or Alt A then the rates would be higher. should not matter whether you are out of state or not we deal with many out of state borrowers. the normal practice is go hard money get the property stabilized quickly and then refinance out to a landlord product if you are buying and holding Jerry  

If what she is saying is true then she can exercise her option to purchase whenever she gets her windfall.

Best practice is to make the call to change the utilities at lease signing, together.Be aware that tenants without electricity sometimes do dangerous things, like use candles for light, charcoal/gas grills for cooking (sometimes inside!)

Hi guys! I am going to start doing a daily deal analysis (will post one on here every once in a while), and would like feedback on my calculations and whether or not I am doing something wrong. Correcting my mistakes ...

I'd like to start taking 30 minutes-1 hour a day to look for good deals in the Capital District (Albany, Latham, Watervliet, and Menands) and use the BP's calculators to help me practice finding these deals. 

Buyer exercises option.

If you buy a property that clearly you can add value to (i.e renovate interiors, exteriors, perhaps add a carport that you can charge parking fees on, retrofit plumbing to save on utilities, etc) you can exercise more control over creating value.  

Very interested in possibly getting into the flipping business but also looking to build our dream house as well as "practice" you could saylook forward to speaking with you all and getting advice and feedback!

Lastly, when a self-employed individual maintains more than one trade or business, the questionarises as to whether the limit is based on the sum of earned income or loss from all trades orbusinesses under common control [as defined in IRC 414( c)) as modified by IRC 415(h)], or ifonly the trade or business maintaining the plan being tested is used.For purposes of the IRC 415limit, earned income for the self-employed individual is based on the sum of the earned incomefrom all the controlled trades or businesses, regardless of whether the related employer maintainsa qualified plan [Reg. 1.415-2(d)(6)].EXAMPLE: Andy, a sole proprietor, operates a law practice as a sole proprietorand has $100,000 of self-employment income from such practice for 2008 (prior tothe reduction for one-half of self-employment tax).

Normal practice is Security Deposit stays on apartment per original lease.