do the math on how long until you recoup that down payment.not trying to be discouraging, just trying to be realistic.

I doubt 25% down is realistic, it depends on the accurate property financials, which you do not have yet, but if you need help sizing up the loan once you have those financials, I'd be happy to help with that.Good luck, maybe talk to you in six months, bookmark this thread.

Firstly, what are realistic issues they might have?

If the tenant has a realistic possibility of catching up, it can be profitable to work with them on late fees.

Getting into the story behind this one..This deal was sourced from a large corporate wholesaler (no names) Originally listed as 179,999 as a "wholetail" deal with an "ARV" of 250,000 I walked the house and estimated it needed little in terms of repairs, though I knew a realistic ARV was between 215-230 However, there were tenants in the house without a lease agreement with the current landlord.

Maybe once the actual property expenses are added to the equation, you will see a more realistic cap rate.

Getting into the story behind this one..This deal was sourced from a large corporate wholesaler (no names) Originally listed as 179,999 as a "wholetail" deal with an "ARV" of 250,000 I walked the house and estimated it needed little in terms of repairs, though I knew a realistic ARV was between 215-230 However, there were tenants in the house without a lease agreement with the current landlord.

I realize now that getting a professional estimate to determine a realistic selling range is essential.As for hiring a PM, it’s something I’ll consider if I decide to keep the property.

We're aiming for a budget of around $15,000 for both the venue and catering.For those who have had weddings or attended weddings in Temecula - is this budget realistic?

I adjust this number to something I consider realistic and add anticipated capital expenditures and costs of replacing major systems divided by 15 or 20 years to arrive at an annualized expense.