Banks can take 2 months, and charge overall moreAll the best

But generally, if the payment is always made on time, there isn't often a problem.Are there numerous reasons payments end up being late, there are.And have irate sellers been known to contact their lender after a few months and demand they be taken off the loan?

Months after this post, have you still found it a waste of money?

Just want to be careful on which broker/lender you use because some of them have a prepayment requirement and try to stick you with a 3-5 year prepay.There is also a 40 year I/O interest only but its only fixed for the first (10) years.Make sure you know how many months reserves they require before you get to deep into paying for the appraisal and then find out the deal is cancelled in underwriting.

One thing I have found true the last 3 months, BiggerPockets doesn't keep the secret sauce to themselves. 

That’s an extra couple grand per month right there. 

That is a lot of money to only make 200-300 dollars a month.  

She told me just like this hire workers that do great work , have a timeline for the flip she said about 3 months is a good time another thing that I  found interesting if they don't get it done in that timeframe the lender charges them an extra 1500 each month until home is sold to get money back.

For any 4 units you have $11,200 in monthly rents. 

The rent is set at $2200 per month.