Many HOA's are killers.

I'm working with my mortgage broker on financing for my first rental property. I'm looking to get a 2-4 unit, and I will be an owner occupant in one of the units.We got into the discussion about what I'd be able to af...

It's been my experience this person named "everybody" usually knows nothing, but is the most common "expert" on all that is...and probably the biggest killer of dreams.The last person to leave was asked the same questions.  

You should be done well before the prime buying season too.Yeah if the roof is that proably would be a deal killer.

Is the form you use a tree killer or reasonable?

Mike,this is for a home for myself, the lease/purchase scenerio is in the case that I'm unable to get a conventional mortgage and instead have an investor friend of mine do the purchase with a hard money loan and then give me the lease/purchase agreement for about 6 months so I can work on getting my credit score to a better level.lesson learned, bad credit is a killer.

The trip to and from the east coast was the killer.

SAme problem with the warm weather destinations.Another HUGE profit killer is the "commissions" charged by management companies.

Then, there are the real killers.

I am selling him a 45 unit right next to the 80 units.. so he really timed Vegas well.I have done a few fix and flips there this year that were Nice profit deals.The FHA moving from 400 to 275k has got to really be a killer... man  that's tough.There will always be the buyer that wants to construction and I do recall hearing about lots being sold for 5 to 10k finished in the bottom of the market so they  are probably doing fine because they bought the dirt right.