I charge a really high fee and require the tenant to carry bite insurance.Inspections are done on a schedule and always recorded with pictures and/or video.

Quote from @Carrie Young: Quote from @Sam Wilson: Basically- As investors, we're hosed.

If this is financing for a stabilized property rate carries more importance but rate combined with origination fees, pre-payment penalty and term in which you intend on keeping the loan in place are all considerations which together should help in deciding the best financing option.

I would figure 6 months carry cost (cost to carry the property while it is vacant).

I would never not carry it.

It carries a $50k Heloc that’s being paid down. 3.

They will make you the most profit. 10 acres with 1970 house. 5 acres with cattails. 10 acres with hill. 60 acres with ditches, scrub trees, etc.

If funds for the program are reduced or eliminated it would create a national housing crisis, so generally it just gets carried at about the same level each year.Yes, local governments run out of funds which is why they close their lists or the wait time is very long. 

We back into the "strike price", meaning the maximum price we're willing to pay for a property, by starting with a conservative ARV and then backing off our required profit, the rehab cost, the time value of money (carrying costs and interest), and a contingency reserve for unexpected expenses.

Obviously, legitimate wholesalers, who abide by our forum rules, use the messaging systems appropriately, and do not pretend to be investors when contacting professionals in our network, are welcome and encouraged to carry on.