You don't actually have to hire the inspector its just something you should ask for to maximize the value of your inspection fee.Item 2 recommended a second estimate anyway so you will have that estimate to benchmark the first against and would have more confidence in your estimate of repair costs.

The Economic Evaluation is based upon the NOI produced, so $/sqft can vary all over the place, while NOI * GRM is a good benchmark of what the price should be. 

The S&P 500 and the Dow 30 is a ridiculous benchmark respective of the universe of over 13,000 stocks globally.  

But they are still good benchmarks to start from when evaluating a property.Best!

The benchmark I usually go with is either 20% downpayment over 30 yrs or 40% downpayment over 15 yrs.

Since a lot of it is wet towels it can't really sit for long either.PM me if you're interested in benchmarking or collaborating.  

I thought the belt tightening 2-3 of years ago - when regulations returned to the "must qualify at 5-year benchmark rate, 25-yr amortization" from the "if you have a pulse and want a 40-yr amortization" - that this programme had been eliminated.I wonder how many (if any) lenders are offering this programme.Regardless, while it may be useful (though with the premium charged, I have doubts), it can also very dangerous.

It would be great to know a benchmark to use.

This is what his initial feedback was: rate will be about 4 points on top of the adjustable rate LOC I have (which is based on LIBOR or the equivalent U.S. benchmark) also the rate will be adjustable yearly on its anniversary...how can I convert what that rate is today, I understand it will change annually.Thanks!

The cost of recouping an investment and the time to recoup along with the amount of total investment recovery being the strongest benchmarks in creating those underwriting guides.Making simple situations complex without prior experience of even simple situation can magnify the loss.