I know a lot from studying for the past two years, but it's like a puzzle that needs to be pieced together; hence, the need for a mentor (not saying I know everything- I expect to be learning for lifetime).

Many military people and many Realtors don't know that you can buy a house with a VA loan with absolutely no money down, a hundred per cent loan.

Or, conversely, are you trying to make a percent or two greater by running all the risks implied above?

One more tidbit on the Madison rental market--this was from an article in the Capital Times:"Vacancy rates in Madison have fallen to 2 percent, the lowest level since Madison Gas & Electric began tracking them in 1995.

So, Mrs Jones, are you saying you're willing to make higher risk loans for two percent more in the rate?

As far as I know, Texas is among the highest percent of Fair Market Value being around 2.5%.Nobody here can tell you why you would or would not qualify for a loan.

yes....ifalways the answeryes.if the deal closes/will close fast enough oryes, if the tf source has a program for longer. one of my lenders goes to 2 years at 12 percent so would i

It's so time consuming and as soon as you start painting, your phone will ring or there's fifty other little things that need to be done.If you can do the work yourself in a timely manner when starting out, I think it's good.

They don't happen every day, but as I like to say the deal of a lifetime comes around about once a month.

I just had a deal fall through in which my Dad had agreed to put the 20 percent down on a $375,000 condo in D.C., our lender had an issue with potential asbestos in the building.