THEN, when these folks are wrong and it gets reported incorrectly it takes 14 United Nations resolutions to get it fixed and banks benefit from depressed scores when people need credit.

I'm not really defending Alexis McGee because I don't personally know anything about her but that quote you are referring to was actually made by someone named Brian Shaffner unless I'm reading the website incorrectly.

The simplest is that you get an incorrect report or an insufficient report from a lousy vendor.  

Please correct me if I have anything incorrect, that will be highly appreciate.Following will be the numbers and detail.Purchase price: $275,000EGI: $51,340 (this area rents about $400-$500 1bed/1bath)OE: $25,896 (50.44% of the EGI)NOI: $25,444DS: $17,285 (30yrs @ 6.8%)CADS: $8,159CAP rate: 9.25%CROI: 14.83%DSCR: 1.47I am trying to make this deal in to a seller finance for at least 10%, but I am not sure how most investors do that.Thanks all,

If you think this isnt a bad area defined as the previous, you are entirely incorrect.

I made only a general comment on the APR, and did not offer any formulas or calculations for it.He wasn't asking about a consumer loan, and I believe his question was about actual simple interest cost, not APR, although he (most likely incorrectly, and not meaning to) used that term.Thanks,Joffrey

That's incorrect.

Sites like realtor.com, Zillow and Truila also receive data from the MLS's but in my experience there can be time lags and occasionally flat out incorrect information.

I incorrectly used to think that you could pay someone to do it for you.

Collin Schwartz congrats again realized I have been posting names incorrectly.