It seems to me that you are also getting the appreciation of the property which would likely bring the ROI into the double digits.

Seems a lot of companies ready to bring you on board and collect their fees, but, little specifics on the nitty gritty.

Jon I understand what you are saying about lenders wanting to see that you have skin in the game.I've only got 20k saved up.

Seems I get in trouble bringing in the ax, but when something is not correct, those who know better have an obligation to any RE community to point it out as new investors rely on what they find and input such as yours can save someone alot of time and money.

Special Forbearance - A special forbearance is a written repayment agreement between a lender and a mortgagor, who contains a plan to reinstate a loan with at least three mortgage payments due and unpaid affect your ability to bring your account current.

If there is a 2nd I would short the 2nd then bring the 1st current by way of tenant/buyer.

If you are a bird dog you will have an agreement with the buyer that if you bring a deal sheet to them, which fits their criteria for buying, they will pay you a finders fee or bird dog fee if they buy it.

The story gets even worse if you bring the government into the picture.

I always bring two copies of the form to the initial walk through and make sure they are filled out identically and signed.

Just curious for anyone that has done some development work, if there are any basic numbers to follow for bringing in electric and phone?