@Mike Dorneman going over the P&L statements I received this morning, the seller currently pays for heating.

I received the Article from RECON Newsletter from Texas A&M Real Estate Center. 

Did you receive a business card? 

@Michelle LaRue When you receive the certificate, you will automatically be listed as a “certificate holder”.

After I visited the property I asked for and received historical income and expense data from the seller. 

After 3 months of marketing I received a lead from one of my bandit signs. 

Recapture is figured at the lesser of your marginal tax rate or 25%, so if you're in a higher tax bracket you end up repaying significantly less in recapture than the benefit you received.

I've been a longtime lurker, but this is my first venture and post, really need help/advice.I've been under contract to purchase a 2 flat in the Jeff/Portage Park neighborhood of Chicago, it was a not approved short sale (we have now received approval, we have 30 days from today to close)It's a standard 2 unit masonry home, with finished basement with an illegal unit, and a recently renovated one unit, other has original finishes w/ new carpet. ~1000 sqft each unit 2br 1ba.

When you find yourself on a texting basis with people constantly doing deals you’ll be amazed how soon they pull you up to their level.

How long does it typically take to get approved and receive an FHA loan?