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23 February 2016 | 13 replies
Are homeowners buying in that price range or would it more likely be a landlord?
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28 November 2015 | 43 replies
This is known as the self-sufficiency rule.
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23 November 2015 | 7 replies
Target something in the sort of median home value range for your area +/- 20%.
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30 November 2015 | 15 replies
We found a house that we liked in our price range and put an offer in.
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22 November 2015 | 4 replies
On average a home that sells for $70,000 will rent in the $800 range +/-.
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24 November 2015 | 3 replies
I currently rent my credit ranges from 579 to 601 so I cannot get bank approved for a mortgage.
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23 November 2015 | 7 replies
I also think the value is in the $120k range.
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30 November 2015 | 5 replies
@Josie Roman We mainly focus on SFR flips in all price ranges with a few multi unit deals once in awhile.
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24 November 2015 | 5 replies
If it will then that should not be sufficient for the lender when I refinance the property.
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23 November 2015 | 7 replies
Problem is the expenses, so(GSI - GSI*0.3 ) * 10 is a rational price:the 10 is a Gross Rent Multiplier and arbitrary; but reasonable range is 8-12GSI*0.3 is an assumed expense ratio of 30%; higher will be high maintenance costsso GSI * 70% * GRM of your choice = Purchase Price.If you get a GRM > 15 (I've see as hi as 19) the seller is in trouble and over extended in the debit+profits