The appraiser who had given the values didn't want to get involved in it.The former owners argued that the banks undersold the properties compared to market value therefore the deficiency should be eliminated or at worst reduced by XX percent.

I should mention that my cash flow is usually better but we just upgraded some HVACS so will be down at that range for about 12-18 months, but at least my tenants will hopefully keep renewing since their energy bills will be better.

My partners and I are growing a company that combines real estate investing and supporting a non profit foundation with the goal of reducing recidivism rates.

I've been involved in the fitness industry for the past 20 years and although it is my true passion, I was looking for something to challenge me and real estate is it.I have friends and family that have done flipping in the past and they enjoyed it so that is where I'm going to focus my energy on.

Also the amount of time and energy Ben put into this is well beyond $300 worth.

If it's the last Friday of the month, escrow will spend all its time and energy recording all the sales and refis scheduled to close on the last business day of the month.

I like the idea of borrowing from your 401K to reduce the loan to get under the 75% LTV so you can refinance at a better overall rate. 

They reduced to 174,900.

A lot of people bought the Vegas deal because after announcing the 3 packages, you have a one on one with one of the mentors, you can negotiate the deal and they reduce the prize drastically.

Account Closed,Great questions Kedus, I personally believe your success is dependent on you and the energy/perseverance you bring to RE investing.