By Appraisal Rules, since the property is over $500k in value, I had to make a 20% adjustment to the actual ARV.

The profitability of the investment may also be increased by arranging for a balloon payment, extending the repayment time, or negotiating a reduced interest rate.Thirdly, consider the advantages of purchasing the property using seller financing in the long run.

@Don KonipolI like the “real estate is linear” and will always increase every year by X and one today was it’s ok to pay $300k for a $250k home as it’s like paying more for a subscription on a monthly basis vs on a yearly basis….

Never want to do that method again.

Originally posted by Andy Jones:Sorry Bryan but Bill is correct on this one, it is possible to have more than one VA loan on a single certificate.

Memphis has a diversified economy supported by major sectors such as logistics, transportation, healthcare, and education.

We did not fund the last few million of the raise, so we are allowing the final slots to come in at up to 20% APR, fixed annual simple deferred return (deferred means you get all of your interest earnings at the end when we repay your principal – and that happens when we finish building and then sell the apartment complex).This asset is our safest MF asset, in my opinion, BECAUSE the project is backed not just by our equity in the apartments – but by our equity in the entire 54-acre land development.

But typically the seller can't afford or just doesn't want the house anymore and they're ready to walk way but they don't want their credit ruined by a foreclosure.

Apparently the house was stuck by lighting that caused the fire. 

Hi AllThank you in advance for your time + help.I am wondering what kind of arrangement you all have with your local person who stops by the residence in case of problems.