Ultimately what you are going to present them with is the total dollar amount they will receive from a short sale.

I currently own 3 residential investment properties with a total capacity of 8 rental units.

You can each decide what you want to do going in and exiting each investment and have total flexibility as you go along.

I read a bunch of articles last year about the guy from flip this house in atlanta (Sam Leccema) being a total fraud, and they had a news team go through one of his rehabs that supposedly sold during the open house for a profit.

That said, if an option tenant has something totally unanticipated come up, like an illness (not cosigning on the doofus boyfriend's truck and screwing up their ratios), and can't perform, I will refund a good portion of the option fee.

He is totally open to any creative financing or partnering or whatever.

Totally different game.

my sweet innocent tenent never cleaned a thing in 9 months , she stained the carpet , it took 26 passes with a steam cleaner to get the carpet looking like new , she kicked a hole in the wall , these are just a few things , total 1,500 dollars worth of clean up and damages, she paid 400 for security deposit , do i send her a bill for the difference or do i have to eat the diff, i took pictures before she moved in and of all the damages after she moved out , :shock:

Trying to acquire a house for rental purposes, long term strategy is to rapidly build a rental porfolioPurhcase Price is about $55,000 two financing options available:1. 90% loan which will be at %7.25 interest and tie up $5500 down payment..will also cost and additional $468 in private mortgage insurance(PMI).2. 80% loan, @ %7 interest, will tie up $11,000 down payment, but will save the PMI ($468 a year) and a %0.25 in interest and ofcourse financing less which will lead lesser payments and lower interest paid.. the total savings of interest saved, PMI, and cost of barrowed less funds will come out to about $90 a month which is about $1080 a year savings over finance plan #1..which way is better to go?

Posts per user, volume of posts vs total users?