You will either need a longer period of time for assignments or some cash upfront to close a property for a double closing.

I am wondering if anybody can provide any insight or paperwork on how a contract sale would work.In other words, Buyer would pay me a down payment and I would finance the rest at a set interest rate with a 1 year balloon.

I am not making any demands, period.

That way they will keep each other busy and out of the way so the rest of use can get on with it.Go get them Sue :superman:

Period.

Example: We are currently doing a project in the Bahamas that has a 5.77% rate through the entire construction period on over $100mil loan!!!

The building inspector was insistant that he didnt want another house there PERIOD.

There have been periods where prices have gone up faster than inflation, but they always reverted back to the long term trend.Jon

Check this out: Loan Amount: $150,000 Annual Interest Rate: 8% Loan Period in Years: 30 Scheduled Monthly Payment: $1,100.65 Scheduled Number of Payments: 360 Total Interest Expense: $246,232.87 Rent Schedule for the next 13 years ($100 over mortgage payment plus 5% annual increase): 1 $1,200.65 2 $1,260.68 3 $1,323.71 4 $1,389.90 5 $1,459.39 6 $1,532.36 7 $1,608.98 8 $1,689.43 9 $1,773.90 10 $1,862.60 11 $1,955.73 12 $2,053.51 13 $2,156.19 If I apply every extra dollar to principal I will pay off the mortgage in 13 years or 156 payments and pay only $105,127.30 in interest expense...this is a savings of $141,105.57 in interest expense.

Period.