That makes your next purchase less risky due to higher reserves and the ability to earn interest on your cash if you put it in an interest bearing account until you need to use it which will counter the mortgage rate being higher.You will also get a lower payment on a 30 year refinance versus a shot term line of credit usually around 10-15 years on a 9-12% rate versus a 6.75% to 7% with good credit.

Plus, the individual must have both the intention and the ability to perform under the contract.Thus, the vast majority of wholesale in Ohio is illegal.

I remember submitting a billing to a Owner for over $2-mil for a months work, and we got paid 45-days later.

I personally spent at least 3 months on the subject to add the ability to capture an unlimited number of loans of different types, and although I'm pretty happy with it, I can see spending another 3 months on the edge cases.

Or you knew that they had the ability to be incompetent, but didn't manage them, which is your fault. 

Alright.Do you put the water in their name or keep it in yours and send them a bill? 

This is a cycle that really shows the difference in agent ABILITY, raising bar of Professionalism. 

You don't have to care about what they do with the money as long as you think they have the ability to service the loan and you have their US property as collateral; you have nothing to do with the overseas country directly.

Unless the discount points have a sub 3 year breakeven, I do not think it is worthwhile (Unless you have concerns about your ability to refi in the future).Could you image paying 2% in discount points for an awesome rate, only to hear in 6-12 months rates dropped and everyone is getting that same rate or lower for a no cost refi? 

As usual, it depends.Does the 80 unit deal have better economics due to scale and ability to potentially support an in-house leasing and maintenance person?