This excludes the capacity for a buyer to purchase with said lien and recover the capital used to extinguish those liens.

you would shoot for $6000 in rent to equal the 2% rule. then go on to figuring 50% rule for the operating expenses (exclude your P&I).Leverage is a beautiful thing; put 20-25% down & get a loan so that way you can buy more properties, have $ for rehab & an emergency fund.evictions - just screen people hard. sometimes bad things happen to good people but you have to be proactive & (again) lucky.

To avoid the due on sale issues you might get with your attormey and have a trust involved in your LLC making it part of an estate plan, especially between brothers, as transfers accomplished for estate planning purposes are excluded from the DOS issues.Good luck...

If you are not in tornado alley, a high deductibe ACV policy that excludes wind will probably save you significant money.

This excludes concessions.We've had to drop the price on 8 of our houses out of the 33 we've sold, and the average percentage price drop on those listings before getting our final offer has been 5.8%.Just to round things out, average rehab time is 27 days and average time from getting the resale contract executed to getting to the closing table is 32 days.

Excludes plywood, facia boards etc.

The only time I have seen it excluded or with a higher separate premium and deductible if for vacant dwellings.

Remember, when you sell your actual house, you get to exclude that gain from your taxes.

Federal regulations also authorize the leasing of the property to anyone (not excluding the party creating the trust) assuming that such lease would continue in effect for no more than three years and that it would not contain, be accompanied by, or involve an Option to Purchase.Therefore, couldn’t a benefactor (i.e., you, the investor) agree to provide the distressed homeowner with the amount required to bring his/her loan current, if he/she will then have the property deeded to a land trust with a neutral third party trustee?

Even then, if you have some way to legally exclude them, never ever say "no children."