This caused problems because during the prequalifying process the lender said our loan amount should be fine, but 2 weeks before closing she informed us that it was a high cost loan and they could not write it for 20% down.

hello everybody and thanks for all the responses and supportill try answering everyone the best the i can:* lived in Israel all of my life - im a software engineer and the company im working for moved me here.

Under Chapter 13, if a wage earners income has a significant change, wins Lotto (LOL)  creditors may file a motion to recover debts on a different schedule, so they may not be out of the woods until debts are paid.If a bankruptcy has not been discharged, dealing in real estate with a debtor, get permission from the debtor's attorney in writing or better yet, consent from the Trustee.

Keep focused on the goals, write them down, post them on the mirror in your bathroom so you see them every single day and make one small step every single day toward those goals. 

Thinking about changing for the new year. Anybody using Tenant Cloud? It is free up to 75 units and looks OK for starting out. Other recommendations or new product?

It ruins the return on this deal.One of the things you need to write down AND STICK TO, are your personal requirements for any deal you make.  

I plan to write the contract as: $10,000.00 to be deducted from sellers proceeds for Septic tank repairs. 

@Jeff RabinowitzRequired or not, get a lawyers and insurance underwriter to comment in writing.

Does your agreement require your friend to write a check if this project loses money?

We decided to transition everything over to a PM software so C could be better handle the accounting and keep tabs on who is past due.