You take thier property off the market and fail to get a deal, time is of the essence, so I suggest you not mess with them otherwise.Now, if you have a cash buyer and the property is what they want, then you can go for that and keep it within a few days to see if you have a deal, but don't take these under contract and then go beat the bushes for a buyer.

Bob Lowry The 2% "rule" is based around a 25-50K house and like Jon said assumes a 6% interest rate, so obviously as you start messing with the basic concept it becomes skewed and doesn't effectively work anymore.

Is anybody else in east TN active on BP. always feels great to keep in touch with the local crowd.

Get them out and get someone else in there.

Must have you confused with someone else.

Let someone else buy it waiting on that appreciation.

Yes, it's a real mess cleaning up after that donkey!

They do not want any negative marks messing up their nice credit score.It is the tenants that have poor credit that I have always had problems with.

Your wife may be the one I spoke of in regards to being groomed to find you the deals.Whenever a newbie wholesaler brings me a deal (we rehab as well), I want to know if it's a motivated seller that only he/she has found or simply something listed or someone else' deal.

I would believe that the cashflow will be less because there will be a higher loan.Is there anything else I should be thinking about when refinancing?