(reply below on 1/3/2018)1/3/2018 - E-mail from Rose stating they are working on the December 2017 violations notice; | Marion County Notice1/5/2018 - I write Clayton asking if it’s true that Oceanpointe PM lost its licence in Indiana; he says it’s not true.3/5/2018 - I write Oceanpointe PM and let them know rent was late; Karen Schnabel writes back with an apology that the invoice was not sent out by mistake.3/16/2018 - Karen from Oceanpoint sends an automated invoice that says, “vacant” dated 3/20/2018; Copy of PDF Invoice AttachmentIt was noticed during the research of the timeline of events that every single invoice ever received from Oceanpoint was titled exactly the same: “Invoice 0001131 from Oceanpoint Investments LLC”3/27/2018 - I write to Charles the County inspector asking for more time to fix the property and my intention to change PM;3/27/2018 - I speak to Charles the County inspector on the phone.

I am planning and preparing so I can purchase a 4-plex in a little over a year, just want to know if any of you have some YouTuber recommendations outside of BP. 

Purchase price: $115,000 Cash invested: $35,000 Sale price: $240,000 Move in ready, fully renovated townhouse, 2 bedrooms with 2 1/2 bathrooms and ample closet space including walk-in closets in each master bedroom.

The realtors always hike this since they and buyers think with a higher purchase price the Auditor will hike the assessed value and thus the taxes. 

And purchasing in a high end college town eliminates any "deals".

I am looking to purchase a parcel of land in Michigan and plan on using cash for the purchase.

There are programs available that will allow up to 85% loan to value on an investment purchase. 

Our agreement has typically been structured as an interest only loan, where he puts down 25%+ when purchased and I provide the loan for the balance plus draw payments for construction.

I used to think that most investors purchasing mortgage notes were clueless as to the mechanics of how it worked.  

In the industry this is most commonly known as a "Fix and Flip" Loan.We are correspondents with dozens of lenders who offer this type of loan.Most commonly, the loan will cap out at 75% of the ARV (But Investors do need cash, this is not a 100% financed transaction)75% has to include the purchase price and the rahab amount requested.The terms can vary greatly.The two most important areas that will impact the terms the most is 1.