Sagnik-It depends on what your investors comfort level is with you.

Several economists believe we will be leveling off (near bottom) and maintaining this leve for a while which would put upward pressures on the interest rate.If it does not not up then you made a little more than your calculations suggested you would, If it does go up you should still be ok because of averages of the years.

The level I blocked at are gatekeepers with no decision making role.

However, I would be interested how other states handle this as well.I understand that a DBA can be filed at the State level (SOS) or County level. Is

my business plan for starting off is mailing expired MLS multifamily listings with value add oppurtunities, ideally for buy and hold, but may wholesale some deals to keep reserves at a tolerable level, I would enjoy 25% of rent income and reinvest the rest.

So I offered at a level I knew was where I could make a $ but still fair to the owner.

In Indianapolis the 2% rule could apply but you would be purchasing properties below the C area level. I

He is proving to be an expensive customer and does not want to put in a penny extra.I suppose on one level I should be glad that I am only out $70 and do not have to replace a machine.

You are basically offering your friend the opportunity to buy a house, which you will then use to secure rehab financing.So if I am reading that right, he has a whole lot more skin in the game than you do.You also don't mention what your experience level is.

While I continuw to work my W-2 day job my income from Real Estate is very quickly approaching my W-2 income level. I