Margin interest example$187,000 for 6 months (180 days)Multiply loan amount by the effective rate: 187,000 x 7%Determine the daily interest amount: $13,090 / 360 = $36.36Calculate the interest due after 180 days: $36.60 x 180 = $6,588 + additional funds / holding cost interest for for rehab budget

A system that is 100% hands-off, 100% free, giving you daily leads for free, without lifting a finger AND that are crazy motivated...

Nate,I hope I am following correctly, but typically interest accrues daily on a loan and therefore when you pay off the existing debt you do not owe any future interest on the loan.

The Credit Department will then generate a FINAL Commitment Letter and close the transaction through escrow.4)Pooled Fund Investing is the combining of capital from multiple investors which, when added together, create greater purchasing power (and thus more diverse and higher returning investment opportunities). 

I was following the BP playbook of creating an emotional connection with the seller by sending pictures. that's something Brandon turner has been recommending for ages. well keep in mind the 2% rule does not work anymore either and laws are constantly changing.NOW  this might not apply to NON owner occ homes and commercial purpose  type transactions .. i just know you cant do it for the average buyer looking to buy from the owner occ seller and live in it.. there may be a commercial carve out.these letters were VERY common until the new law passed this is why you rely on your agent to keep you abreast of the actual laws and rules.   

Is this for the entire transaction or just modeling?

It's just something I'm going to pay more attention to in the next transaction.  

I imagine the only other “slam dunk” evictions would be a drug bust in the property or something similar, or if you have a security camera showing clear proof of violations (like an unauthorized “guest” living in unit and coming and going on a daily basis, damage to property, assault…etc).You can call witnesses (typically other tenants or neighbors) but they must show up in court as no “hearsay” is admissible.

Definitely find one that is familiar with RE transactions.

If I were to assign my equitable rights in a R2O transaction.