Also, read below and save yourself some potential headaches:)Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (use as a template to figure out Grand Rapids area!)

Interestingly, if the program is ultra-effective, the price of a median home in the US will only have to go up a corresponding 2.5% to completely erase the $10k benefit of this credit (median home price today is $417,700 * .025 = $10,442.50).

@Ane DeysRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding locations to invest in.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

@Michelle P Stafford, Any type of calculation of rent that includes a consideration of what principle they would have paid if they bought it, or corresponds to a payment amount of a loan could be considered an equitable interest in the real estate. 

.:)Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.When investing in areas they don’t really know, investors should research the different property Class submarkets.

@Mark CotterRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.When investing in areas they don’t really know, investors should research the different property Class submarkets.

A property purchased today might be able to be refinanced in a couple years for a rate reduction and corresponding reduction in expenses. 2.

The book is written with 20 chapters, each corresponding to the next step in the process.www.biggerpockets.com/flippingbooks

The reason is that one wants to be able to properly avail themselves to the laws and protection of the corresponding state where the property lies. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?