It's a lot of money, but that will help you cover vacancies when you have them, and you will have them, as well as any other unforseen boogiemen.If you'd like the spreadsheets, just drop me an email at: jeff <dot> takle <at> jtnoel <dot> com

The had put visquane on the floor and covered it with 2-3" of dirt so the chickens could "peck" around in it.

But...I need the seller to cover closing costs, and that would mean I'd be asking for up to 6% from the seller. 3% for closing, and another 3% for FHA...don't really understand it all, but that's how it works.

It would be ok to buy a new property and rent out that property instead of the one you currently live in, but you would need to make sure that the monthly cash flows will at least cover all of your expenses.

The house and lot have been appraised for around 290 so I should be able to get enough from the loan to cover construction expenses.

That way, I was covered if anything went over, and if nothing too unexpected came up, I would be under budget and have more $ in the end :o)I'm definitely hoping my real estate appraising comes in handy.

If the title company needs an earnest money deposit, use the money from the cash buyer you will find to cover it.

So your buyer would need to come in with extra down payment to cover the difference.Seasoning of "loans" has to do with refinancing a previous cash-out loan that is less than 12-months old.

In short, it will cover a broad range of foreclosure consulting/buying and places restrictions on those activities.

Things you can do to help your negotiating position: -Learn something about the seller and write a cover letter to your offer that somehow connects with them.