Theres a lot of mobile park in Anchorage, Alaska so I was thinking about going around with my brother n putting up sign on there door about buying their mobile home.  

MAYBE wholesaling  can be done no $ per deal... but they spend a LOT finding those deals... websites, bandit signs, etc...

I was then asked to sign a NDA in return for monthly payments to make me whole on the lost principle. 

Hello BP,My 45 day selection period was disrupted by hurricane Irma.  

We need him though to co-sign a loan to get the business off the ground.  

One-time Expenses$1000 - Acquisition Costs (minor rehab, legal, & inspection)Annualized Expenses10% Gross Annual Rent - Vacancy Costs (turnover & lost rent)10% Gross Annual Rent - Property Mgmt (standard)$1176 - Repairs & CapEx ($1 per sq foot for tpical property)$1516.46 - Property Taxes (5 year historical average for typical property + 10%)$1000 - Property Insurance (a nice round number: seller reported that he paid $708/mo for one duplex)$27 - Water & Sewer (average across several properties from last month)$0 - Gas, Electric, HOA, Snow Removal (tenant pays or not applicable)$60 - Lawn Care (I made this number up)COMPARATIVE ANALYSIS:This is my analysis of the five properties that are being negotiated right now, listed from best to worst.Property Alpha (two-flat)$1250 - Income, Monthly (actual)$567.37 - Expenses, Monthly (estimated)$42,000 - Price, Signed Contract36% - Cap Rate (Annualized Income / Price)16.6% - ROI, After Tax (annually, assuming 15% income tax)6.0 Yrs - Until this property pays itself offProperty Bravo (two-flat)$1100 - Income, Monthly (actual)$537.37 - Expenses, Monthly (estimated)$42,500 - Price, Signed Contract31% - Cap Rate (Annualized Income / Price)13.1% - ROI, After Tax (annually, assuming 15% income tax)7.6 Yrs - Until this property pays itself offProperty Charlie (duplex)$1075 - Income, Monthly (actual)$532.37 - Expenses, Monthly (estimated)$55,000 - Price, Informal Discussion23% - Cap Rate (Annualized Income / Price)10.7% - ROI, After Tax (annually, assuming 15% income tax)10.3 Yrs - Until this property pays itself offProperty Delta (SFR)$875 - Income, Monthly (actual)$492.37 - Expenses, Monthly (estimated)$48,000 - Price, Informal Discussion22% - Cap Rate (Annualized Income / Price)8.8% - ROI, After Tax (annually, assuming 15% income tax)13.6 Yrs - Until this property pays itself offProperty Echo (SFR)$770 - Income, Monthly (actual)$471.37 - Expenses, Monthly (estimated)$62,500 - Price, Informal Discussion15% - Cap Rate (Annualized Income / Price)4.1% - ROI, After Tax (annually, assuming 15% income tax)24.4 Yrs - Until this property pays itself offNotice how the price keeps going up?

If you need 100% of the rents, most guidelines won't let us use the full income on new properties until you have a 1yr lease signed and they have paid their first months rent to you.Last resort, any family or business partners that will co-sign for you?

Hi, l've been keeping an eye on Forsyth county as I'm liking the general positive signs of its growing population, good schools, lower taxes, close to corporate companies in the Alpharetta area...

@Hassiem Cliett Great to see that you have a champion mindset, if you are 100% serious and the numbers work, get your parents to co sign for you and sign a contract with them that says the day you turn 18 you get 100% ownership and responsibility.

I did this primarily to keep any travel costs low and convenience for my lifestyle.I then selected the markets that had the highest available jobs to unemployment ratio.