We use Mysmartmove.com to check background-$30 costJust to confirm, it's allowable to state the above in every state?

So be sure you have a cash reserve or a contingency fund built into your budget.You probably haven't gotten many answers yet because this question has probably been asked and answered a million times on BP.

Cash reserve requirements - determined by lender, most likely will want 6 months of PITI in reserves when you close = my estimate is $6,0007.

Let's meet in Austin, TX to network and talk local tends and opportunities.Saturday, February 2, 2013, 8:00 AMLa Madeleine -- Arboretum9828 Great Hills Trail, Ste 650Austin, TX 78759We've reserved a private room from 8-10 AM, but it only holds 20, so be sure to confirm here to make sure we've got a spot for you.

This way is there are no issues and everything goes smooth the seller gets all the money and the small reserve is released.

Spain currently has a 20%+ unemployment rate so vacancy rate needs to be confirmed in your neighborhood based on how fast units rent out but 1 month vacancy rate for example is a good start. it could be 2 months average vacancy rate.

As a crosscheck I always ask to see tax returns to confirm if they are consistent with the P&L.

And yes I plan on building a 6 month rent/expenses reserve before I look at any additional expanding.

Usually they make you put up non-refundable earnest money and depending on the low bid if there is a reserve your offer might not be accepted.

Even at 10%, you're talking about 7 or 8k (I'm assuming the 100k is the retail price of the home so you should be getting all in at 70 to 80k, hence the 7 or 8k out of pocket).I would do that til you run down to about 50k in reserves (7 houses?)