But since you had a HML and we have to assume they checked the insurance as well since at the end of the day they are the ones holding the bag if you just walk.. 

With interest rates on the rise, how have you adjusted your funding strategies?

They lose money when they do not know the area and they dont know what the right price is that they need to buy at.What city are you in @Arvind Mohan?

Welcome to the BiggerPockets family

Hi all, Baselane is hosting a CEO fireside chat titled 'The Inflation Equation: Impact on Real Estate and How to Navigate it'If you're attending BPCON24 in Cancun, join us on Monday 1:15pm EST.

Next I intend to cross check the calculations (esp. taxes) and simplify the layout.

My primary interest lies in the Houston market, but I’m open to exploring other areas as well.So far, I’ve read The Book on Rental Property Investing by Brandon Turner and am currently working through The Book on Managing Rental Properties.

When the property is owned "Free & Clear" There is a lot of flexibility when the property is free and clear.

the house has a bunch of equity, being worth about 750k when fixed up.I  know that on a standard convenetional mortagage foreclosure, there usually additional fees such as unpaid interest, attorney fees etc, apart of the princiapl balance.Is there a way to conservatively assess what will be the actuall "Pay-off" on the 1st?

I plan to create a diverse portfolio by some point in my life but feel that the best investment so far to start in is real estate.