That downpayment has an opportunity cost.In addition, buying a house that is already rehabbed will NOT have a major effect on the maintenance expense.

By spring I should have the first phase done to where I have many less major rehab days and many more screw around days.

Then take into consideration that the lender's rate sheet may changed a few times per day depending on what the markets are doing.I would like to point out to investors that conforming loans have had some major adjustments to the rates.

You can estimate expenses using criteria you learn around this site - just remember that in bigger bldgs major components - boilers, elevators..are costly items.

These same institutions have moved from major markets into submarkets looking for better opportunities.

Hello, my name is Cody and I am a student at UTSA in San Antonio majoring in real estate finance and development.

The price is half of the market price but it has a major foundation problem.

Or, you get unlucky and can't get a tenant or have a major expense and you get foreclosed.So, Rich, do you have any real data you can share?

The seller has a very strong incentive to minimize the issue, and leave you holding the bag for a major problem.

Yet Putnam Funds just closed a $12 billion Money Market Fund due to redemptions by major institutional investors.