And I agree that credit reports are still a very good idea, even though I can't expect everyone to have great credit when they're renting.

Or expect that you might not be able to enforce your rights if you end up in a dispute.

When somebody is shocked by my offer it is because they don't understand investing, but I don't expect them to.

Better yet, what were those (expected) numbers on your first few deals?

Hawaii market has reached its maturity, so I may just expect a small appreciation going forward.

I watched the Roach house show as well as a number of others and it is correct, they show what they want to sell the house for and thus the expected profit.

Factor atleast a 5% lower ARV than you would expect.

If they say yes, I'd try to get a ball park of what they expect and then go from there.

I'm expecting to see property values increase over the next few years.

Let's say the land is worth $ 4,000,000 so LTV on note is 50%.The note is a 5 YR Balloon, I/O due in 5 YRS the amount is for $ 2,000,000 with the note rate at 9% interest only for 5 years.Interest payments collected monthy would be $ 15,000 with $ 900,000 collected over 60 months and $ 2,000,000 due at month 60.What could I expect if I wanted to sell this note?