That $100 is much cheaper than having a vacancy ($575/month) and the cleanup costs associated with a move out."

My wife (my business partner) and I got to where we are because of the resilience, hard working mindset and loyalty of our Vietnamese employees, peers and associates.

(avoiding all the costs and time associated with having to write 3 separate loans)The plan is to hold and rent the homes for several years (or longer).

This is a tentative plan I'm building in my head, so feel free to critique it and offer your advice, but I want to create an LLC to invest in commercial properties.

PSI have a set price in my mind and NOTHING will make me go over that amount.What if the price in your head was higher than current market value and you could actually get a better property for less money?

out of Orlando and she learned all she knows from Ron Legrand, so you sort of see where this is headed?

However, before you do a roof I'd suggest the handbook printed by the "composition roofing trade association" (I think that's the name of it).

The borrower must front the cost of repairs and then be reimbursed from the rehab escrow account at each of the five draws allowed.I think, with the current mess, they'll bring back the 203(k) loan for investors, but with more oversight features to (attempt to) avoid the fraud associated with investor loans.By the way, the news is that 50 new FBI agents have been added to a task force in Southern CA alone to address mortgage fraud.

If your going to hold them as rentals they cash flow much better, however there usually are more maintenance and repair cost associated with them.

I would begin to network at all of your local real estate investor associations.