Most sellers are going to want 20-25% down as it’s going to cost them 10% to sell.

It costs me $1,500 to evict a tenant with it usually taking two-three months.

Typically starting with a smaller rehab budget of $50K or less (maybe a max of $75K) and avoiding a 1 to 1(or higher) ratio of purchase to rehab costs is recommend when you are first starting out. 

Cash flow approximately 350 a month.Option 2: Use the cash to buy land to build a 6 bed 4 bath duplex, all in cost approximately 300k/330k. 

Skip forming a corporation for now—it won’t protect you from personal loans, and it adds unnecessary costs.

It may make less cash flow/ per month but in may cases in the long run after PM fees and Repair costs, many times it turns out similar.   

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

It would be for $120k plus closing costs for a year or two until we could refinance.

And although I'm grateful to have found another lender to get it done, it cost me more money in points, a higher interest rate because of the current rate was higher than previous, and I had to buy another appraisal for $750.The response I received from one of the founders of the company states: "We are not able to refund any amounts at this time as the time of quality control has passed....

Procrastination will only cost them more. yep. carrying costs alone, but also if its not your money and investor money - some will try and drag it out.