Perhaps if he wants to one day do something financially, he'll realize he needs to pay first.

If anything, it may be a bit lower.Do realize, however, that once you have four mortgaged properties (including primary) you will have a tougher time getting loans 5-10.

Your probably better off not asking them what's the least they'll take anyway...whether they realize you are asking it or not.

Before any of the rest of you make blanket statements about bandit signs being "illegal", please realize that there are actually areas of the country that are outside of city/municipal limits.

As I was researching the deed, I realized that it's on leased land and that the land was not being offered for sale.

As much as I appreciate the hands-on knowledge and experience I am gaining, I do realize building brand new homes is not what I will want to do for the rest of my days.

@Ethan Jensen I realize that some people invest for appreciation in addition to cash flow, so perhaps you are one of those types.

The latter basically says we can't contest the value if the property is sold at auction, and offset any deficiency if the property is proved to be worth more under the law.I realize this is NR, and it's not like we're going to violate any of the bad boy carveouts, I just don't like waiving rights afforded by law or otherwise.Has anyone that assumed a FNMA NR MF loan ever waived similar rights?

Screen as best you can and realize that stuff happens and you can't always get it right.The numbers are really important.

It's kind of like hearing someone mention your name in a room asking about you and then walking up to them in that group saying hello and stopping the conversation standing there.I suspect there's a chance Ben didn't realize this aspect, so I'm not trying to be critical, I may have done the same thing without thinking.As to your question, I suggest you get through what you've already burdened yourself with.