SO is everything else in life word pursuing.You know why wholesaling has this bad negative image?

I will tell you Huntsville is tough right now, as the cost per square foot has crossed into ridiculous territory in most of the city area;  there are limited opportunities in C/D class properties and locations;  but a B/C property in an A/B and even some C areas are in negative cash flow territory right now due to the asking price.      

It is in excel so if you use the NPER formula and put in the interest rate (divided by 12), the payment (negative) and the UPB it will tell you how many payments remain.

I am a buy and hold investor  I guess without knowing all the numbers, as long as you don't go into negative cashflow territory, then yeah - I agree with what Sarah said.

Before I get a bunch of negative comments, let me say that this was a huge wake-up call to never ever ever ever pay someone for work that has not been completed.He has a "business partner" who has been working with him for years and whose name is on all the documentation regarding the scope of work for both projects.

Im not sure of the legal contracts or anything that I need to have drawn up and I would hate to get off into this business and go negative in legal fees because I was to hasty and ill prepared on making the right decision but at the same time I don't want to pass up on the money opportunity to get myself and my business going.

His income and from the property would have had a negative impact on his ability to get aid, and how much he could get.

This includes:1 - Down payment2 - Negative cash flow3 - Added money out of pocket to pay off mortgage faster.If you put $20k down, have $4k negative cf per year, and add $4k month out of pocket to pay down mortgage faster, your cost is $20k plus $8k/year. 

The amount of debt as a ratio to GDP is in dangerous territory where now there is a negative effect of government spending on return because the interest paid on such debt is at a critical threshold.At best I think we are going into 10-30 years of stagnation as was seen with the "lost decade" in Japan.

My friends just put an offer yesterday for $1.045m on a high growth area .Also, be prepared to be negative cash flow