That new loan will be for the complete appraised amount minus downpayment (or equity left in).

The only thing left is some form of alien invasion (knock on wood). 

Go west on FM 1093, once you pass the 4 way stop, go another 3 miles approx and you’ll see it on the left.

I’ve looked around but the last REA left me hanging when I wanted to view properties!

Along with rent collection issues and of course the 5 to 10k cash back was to be used for reserves.. but 90% of the buyers never thought about reserves and the next thing you know they bought a new Jet ski or car or took a trip.. so that left a lot of very week landlords going into the GFC and well you know the rest of the story foreclosures by the thousands in Detroit investors failing.. double whammy  underwater on mortgage inadequate reserves.

The only challenge experienced in this project was the seller left behind a lot of her belonging so my buyer had to hire a cleaning crew to move out all the junk, it was an unexpected expense, but was quickly resolved.

My lease with my tenants terminated on 5/31 and they moved out but left one lady who refused to leave.

Bought it at a discount, fully renovated it, refinanced and pulled most of our reno money back out and left 20% equity in it to avoid PMI.

That’s $233 back in their pockets every month.However, more than 2 million low-income homeowners were left out of the boom, according to estimates from the Federal Housing Financing Agency.

However, I am happy that it was not negative.In the following, negative cash on cash returns reflect the negative amount of cash “left in the property”, post refinance.