You're proceeding with your rehab, expecting to sell in June.

That is, does the rent-buyer understand that we expect them to refinance and take the option to buy?

Don't expect to be able to get any cash out.

I've evolved from a buy and hold with the occassional flip, to a guy who just flips and seller finances that flip.I've stayed in touch with my market in the TX Hill Country until our move and I only did 2 deals there in the last 2 years, one thin, one fat!

And if the property was under contract, why were you expecting them to continue negotiating on price?

After we finish the rehab we expect it to be worth 180-220K, depending on the market here.

BTW, I am beginner investor coupled with this plan would be completely PART-TIME Investor and RE Agent.I am expecting to buy this online course from one of the websites and write the test.

I read somewhere that even if a shooting is perfectly righteous, one can expect to spend at least ten grand in legal fees for defense.Hey - can you deduct those trips to the range?

A duplex is an income property, so the buyer fully expects to have at least one tenant.Think of it like this.

That's not *that* bad compared to some of the ugly stuff that's going on, so why wouldn't they expect to get the full amount back, even if it means having to pay up after the house is gone and sold?