The reason is because closing costs are not(by law) allowed to exceed a certain percentage, and under $35k it automatically does, because most banks closing costs are set.

There is such a large percentage of unsophisticated owners and poor money management that finding a distressed seller is usually as hard as spending 5 minutes at IHOP or a liquor store.I'm happy to help yo if I can, (NO CHARGE), but I need to know first what exactly are you looking for criteria wise?

I was curious to see what others think about this. I have a condo with an HOA that limits the number of units that can be rented to 25%. In your opinion, does that hinder the value of the property or does it enhance i...

I know the formula is a guide/base line but when you have ARVs hovering around the million dollar range, is there a rule of thumb or a percentage amount increase to determine purchase price?

When it comes to maintenance, do you give the tenant buyer full responsibility, or a percentage, or just the minor things? 

Save all cash flow and also set aside a percentage of funds from your w2 in a high yield savings account.Good luck!

You were concerned about the cost, which is valid, most custodian charge per transaction or a percentage of the account value.

Is there like a rough calculation people use, like a certain percentage on the cost of the property?

Plus you're allowed to prepay a certain percentage per year so it becomes even less of a factor when considering your loan options.

He directs a percentage of personal project earnings to the cause of homelessness in Los Angeles to provide aid and raise awareness for those less fortunate living in Southern California. 25+ years of sales, management, real estate and business development experience.