Since this is more than the purchase price, (due to market forces, or property improvements) it allows the investors to pull out their initial 20% cash investment.

if a house is going to sheriff sale in two weeks, do i still have a chance to buy the note from the mortgage company?

Assuming you don't go up in total amount borrowed (or total loan length) from house to house, and assuming you are making a true profit each time, and assuming you apply that profit to the mortgage, then yes, you will pay off your house more quickly.For this to work, though, the profit needs to be from your improvements (repairs) and not appreciation.

:crying: She is about to move out of her apartment after over 3 years, and her landlord has told her that she has no chance of getting her full security deposit back.She will be returning the apartment in pristine condition.

Posting questions on forums like this give you a chance to compare answers and narrow down the solutions to one that you are comfortable with.

I have a feeling as though there is a chance that they have left as much as $500k or even more on the table on this deal.

After much reading and research, I choose this type of investment for several reasons, not the least of which being it is what I can best afford; vacancies shouldn't be a big problem since its a high rental area; its a low income area, so if I find a sound building, I won't need to spend a lot on improvements to attract tenants (since the tenants wouldn't be able to afford to pay for those rental extras anyway).I'm doing the deal with "no money down-ish" by tapping the equity in my personal residence (HELOC, rate is prime, no margin, 15 year term) for the down payment, and financing the rest at 90% with a conventional 30 yr, 7.75%.

I recently started a home improvement company - albeit mostly to get my sparsely-employed-as-of-late-contractor-boyfriend off the couch..( He is great at what he does, not so at sales, marketing, follow up, paperwork, keeping books, which I am now handling, along with some light assistance to actual physical work)...Anyway I'm starting my first rehab shortly and was planning to just do the work (it's a light job) between he, I and maybe another guy we know.

Is there any chance you will be changing the layout of your kitchen?

I tried to help out my many family members by giving them a chance to join me in an IPO of a local bank.