An identical floor plan & SF, 2 BR condo can vary $50k where I live depending on the upgrades (original or upgraded kitchen, baths, floors?)

Your initial cash outlay will be identical since you're putting 25% down - hence your cash on cash return will look much better with the 30 year mortgage.If your goal is to maximize immediate cash flow there are several local banks that will offer a 24 month IO period AND 25 year am (fixed 5 yrs).If you're looking for a stable long term product - a conventional mortgage may be the best play.

PMI companies all come in with identical pricing for >90% of scenarios, no matter how hard you shop it, barring certain wholesale pricing deals that some institutions have, and lender incompetence (I've won business because someone else was overcharging for PMI due to data entry error... no one thinks to shop by PMI rate, so many do not double check their work).

Does the note buyer receive the debtor's identity and pull a credit report himself, or does the note seller provide this information, and if the latter, how do you make sure the details are accurate and up-to-date?

Their is an identical two bedroom that is month to month for $450.

I was originally planning on attempting to do most of it myself but decided it was probably more wise to get a contractor out to have it done quick so that the house is flipped in an identical market.

My advisor said be careful, and that the LLC should have the same identity as the title (name in deed = name in LLC I.e.

There's plenty of homes that are worth LESS than the identically-sized vacant lots next to them.

The house is currently occupied with tenants which I am using to start with 60 days to close since that is the notice period for California and I'm tacking on an additional 15 days....I'm getting the property under contract soon. a) Is it legal in California to fill out a purchase agreement with the seller with the intention of using an agent to find a buyer and b) Can I use a closing process identical to a typical simultaneous or double wholesale close?

We have had nearly these same types of numbers for the past 5 years and that's one of the reasons that we have had a nearly identical increase of 9% annually over that period of time.