I am a fairly new investor who got started back in October by taking out a Home Equity line to put down payments on multiple small loans in Indianapolis and Birmingham.

I have studied flip books and repair costs etc, so I think my repair estimates are fairly close, but I'm having trouble getting a deal accepted.  

Mortgage terms range from 6-months to 7-10 years (7 & 10 year mortgages are fairly recent and not frequently used as they come at a premium) with the most common term being 5-years.   

You can't work for noting, deduct a fair profit for the work needed.

I told the guy I was uncomfortable with his questions and that I believed they were treading near a fair housing violation. 

You will now have cash in your IRA account instead of a loan for whatever face amount the original loan was.If you keep the cash in your existing IRA account, when the custodian does Fair Market Value reporting to the IRS your account value will be reported at the reduced amount.

Day: fairly lively since its weekend, kids are playing outside, saw a few grown men shirtless, walking around.

I have much lower insurance rates so I'm just looking to educate myself, fairly new to the area.

This is a fairly simplified example but I think it illustrates the point.Good luck, and yes leverage your relationships to create win-win scenarios.

The seller receives an appraisal in order to select a price for the home, and the buyer gets one to confirm that the selling price is fair.