Depending on what you're looking for, you can get a "C" class type property that will rent for $750-$800 for mid to high $50k range and a "B" class that rents for $900-$1100 for $75-$85K.

I will do my best to explain this scenario related to the purchase, rehab, and refinance of a property I am pursuing.Purchasers A, B, and C are partnering to purchase and rehab a duplex (purchase price and rehab not to exceed $90,000 with e rehabilitation loan)Application breezed past initial underwriting as all partners have above 750 credit, stable income, low debt to income, etc.

Hey Kevin,Try some A/B testing: rural/urban Absentee owners.Actually C,D,E,F,G with different letters, then track your responses.

It is truly my pleasure to say a [b]Hello to you and I am pleased to get a follow-up from your end.

So many people are telling me that I can not use end buyer funds to close A/B part of deal - and I have to wait 24 hours after closing with HUD to resell property to end buyer.

I think you're saying that you did a wholesale where you closed the A-B with your own funds, fair enough, happens all the time.You also said that it CAN be done in your area with the end buyer's funds.

This is a 3BR 1.5 bungalow in a B class neighborhood.

That way they can never give me a BS excuse like "I mailed it already".

The kind of property and price tag that I am looking for, includingrepairs and renovation would be rehabbed SFR's of under 70.000$, built after 1995, in A, B or B- areas.

Overall, I think we have to discuss property classification when talking about cap rates or any measurement of price to income.I'll admit that I had never heard of the A, B, C classification for props before I was became a BP member.