FREE Wholesale/ Rehab Valuator ToolHere's a FREE tool to help us all when it comes to 'running the numbers' Getting the ROI and creating a nice presentation for your buyers.You'll say WOW!!

Sitting on a great lots.Purchase price is about 100k comps are around 300k I've found a GC that quoted me $50 a square foot. comes to to 175k for everything. which is very nice, but where's my profit?!

Again, maybe not applicable to you, but let's pretend: Year 2 of being landlord, you have nice mix of SFH/MF but there's one or two units that's just not working for you.

However, I feel like a weight is on my by extending the loans out!  

(@Erin Spradlin has a nice blog listing the questions to ask.

I can't think of any pros other than not many people are targeting them (that I know of...)Cons: More likely to have solid financials, which makes them less likely to need you to "rescue" themMore likely to be professional & educatedMore likely to come from a family with decent connections (lawyer, realtor, investment advisor, etc)More likely the property is in a trust because the family intends to keep it.Personally, I scrub my probate & expired lists of trusts and LLC-owned properties.

@Pat Parrillo - thank you for the insight Pat that simplified analysis demonstrates nicely how a financing decision for a single property potentially has a significant effect on your long term goals.

Nice!

XXX (the request) would be nice have, but this place doesn't have that.

It's a 3/2 in a pretty nice, standard mid-range community built in the late 70's.