. -- There is a saying that goes, "Trust but verify".

You can contact your original mortgage holder to verify...find their Loss Mitigation dept online.If you need any help,[email protected]

Best way to verify the costs is to get multiple bids and compare.

The following is my observations on the basis of technical analysis for the cities you mentioned on the post: Your question about Houston: It is a tricky market and long term technicals are still not verified.

These leads are NOT verified as they promised.

Due diligence, due diligence, due diligence.......IF YOUR work and YOUR inspector proves the roof, A/C and furnace are new AND that the REST of the property is not a ticking time bomb, AND YOU verify local employment trends and the economy, AND YOU know the neighborhood WELL, you may have a deal.Again, due diligence, due diligence, due diligence!!!!!!!!

Listed price- 1.1 million GOI- 165,600 Expenses-Taxes 15,300PM 15,800Vacancy 9,400Repairs & Maint 6,000Utilities 2,300Insurance 3,200Reserves 3,800General Admin 1,800Marketing 1,000Expenses- 58,600 NOI- 107,000 Occupancy- 83% Built- 1997, no deferred maintenanceHave a contractor visiting the site next week and should have all the income and expenses verified about that time.

You should contact your title company to verify.

Some of these numbers are made up and rounded off just for easier calculation, but I need help understanding the ins and outs of a hard money transactionhome purchase price: $30,000Repairs: $5,000ARV: $52,000 (as verified by comps)Looking to get into the home with hard money and refi out of it as a rental.

It also states that the only way to bid on it is to go to the courthouse where someone will verify my cashiers check and I will then get a chance to bid on it.