. $212,000 loan @80%30 year fixed, fully amortizing using our Paper Saver process - like stated income but no charge for it6.375% would cost you 1.00% discount point - 6.532% APR$819.80 total lender feesIf you consider an 80/5/15 - where you put 15% down instead of 20%$212,000 loan @80%30 year fixed, fully amortizing6.375% would cost you 1.00% discount point - 6.532%APR$819.80 total lender fees2nd lien of $13,2508.375% would cost you 1.00% discount point ($132.50) 8.513%APRno extra lender fees on the second.So you save $13,250 and have an additional monthly payment on that second of $100.71 per month which means you break even in almost 11 years.

it's not just about reading books about real estate investing and asking questions about title insurance, appraisals and contract clauses.it's about going the extra mile.

They will also charge you extra to fill any vacancies.

The School looks as if it will suffice as far as providing the data needed to pass the exams.....check on the pass fail ratio of attendees.

And even if you find a private/HML that won't care about what kind of reserves you have, it's still a very good idea to have the extra money at hand.

I now have back my initial cash investment of $20,000 plus a little extra.

right now I am looking into buying and renting for starters. i work fulltime in IT, but why not make extra cash:) then eventually I would like to rehab and sell.

Its free for a few uses per day.When I try it on a phone number it says it finds data, but that there's a charge if I want to actually see that data.

It's the buyer's where they are borrowing enough in the loan to cover (eg. up to 3% of their closing costs)\The sales price is increased on the contract to allow this but then when you balance out those extra (buyers) closing costs may not fit the allowed transaction.

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%.