I would be curious to see what percentage of FNMA properties go under contract during that first-look period.I know I've seen a few very nice duplexes that were FNMA properties, and I've never seen one go under contract during the first-look period.

It's not even an American owned network.So, if someone is not bashing Obama they are campaigning for him.....that's objective, LOL.I can tell you the greatest increase in our national debt as a percentage of GNP, in our history, was during Bush 42 and Regan.

That is how things were turned over in my development.And you should get proxies from the owner-occupants too, since I find that most aren't interested in personally attending the election.You know there are 415 votes; you know the percentage needed to have the votes count ("quorum").

If he sells the note it will be at a discount, but the discount may not be as much as the tax due on a cash sale and he will be taxed on the balance of pricipal received after the discount, on a per centage basis paid off, if any.I have done deals where the person who owns a note (note holder) used it for a down payment on other properties.

Assuming your numbers are right it's not a bad deal, but not fantastic either percentage wise on your ROI.Yeah, your buying costs seem a little high.

Every get rich quick hair brained scheme out there.When you become a commercial broker or investor one thing will be perfectly clear.TIME IS MONEYWhen working with investors I look at how out there the plan is.The more imaginative the plan the more things can go wrong and the more chances for failure.So when you only get paid when you close you look at probability and percentages like a hawk.I have many listings mainly in the Multifamily and Retail sectors.I do work with a small group of investors.Since most of my time is spent marketing my clients listings I only work with the most qualified investors.If you have money provided by proof of funds valid within the last 30 days AND you are realistic to the market then a broker might work with you.If you have NO to LITTLE money relative to what you want to buy and NO experience then you don't bring much value to the table.

And if you do find a willing bank, you'll find that they won't let you get at all of it, only some percentage based on their CLTV (combined loans to value).

The contract will state these terms, which are approximate figures just for this post:12 monthly payments of $1,000, of which $300 will be applied toward the down payment, commencing on such and such date, the balance of $6400 due on the 12th month (can put in the exact month here). the balance of $100,000 will be financed at whatever percentage rate and amortozied over 30 years, starting at the 13th month (can put exact month here) anyway, thats the gist of what im trying to do.

In order to get that credit, BOA will have to follow guidelines and one of them being that the minimum net proceeds will be in a certain percentage of the appraised value.

Good project managers get paid a percentage of the rehab budget (anywhere from 2-5%).