*Develop your own 3M Talent***I live in the modern day equivalent of the wild west, all this may not apply to your market.

lets say the ARV of a property is $320,000 when I apply the %70 rule I get $320,000 x %70 = $224,000 - profit of $50,000= $174,000 - repair $63, 860 = $110,000 purchase. 

We are presently in pursuit of a good financing solution for this project, this seems like a great opportunity to apply commercial financing as we have six units on our hands (3 separate properties).

@Nate Bibbo once you get your purchase contract created you'll need to apply with that lender to assume the mortgage....I guess in theory, maybe you could do this? 

But the tenant fixed it by applying some white cement or something and fixed the paint and other wall damages...

You'd need all the immigration papers ready before applying for SSN.

I have several people that have applied and when running their credit reports sometimes say a married couple ( the husband has decent credit of 620 but the wife only has a 504.

I have several people that have applied and when running their credit reports sometimes say a married couple ( the husband has decent credit of 620 but the wife only has a 504.

In my opinion--I don't think they have a leg to stand on because the second dog was not legally an ESA (and probably still is not) when they applied for the unit given that the letter was expired.

The same rules apply when you list a property for sale or whether it’s for rent.