The one pro-wholesaler argument I really can't quibble with, usually, is that if a deal works for the buyer, it shouldn't matter how much the wholesaler gets paid.How did you arrive at this?  

For that I use 60% total costs which is how I arrive at the prices in my other post.The cap rate is before debt service.The down payment versus return is what is know as your cash on cash.

Hi everyone,  I just arrived to Okinawa around three weeks ago and looking for other like minded individuals in Okinawa that would like to talk real estate.  

We came in from NC with a little stop in CO so were very discouraged at the pricing they had when we arrived.

If learning is your aim you've arrived at the right place.

How did you arrive at the renovation figure of $30,000?  

Thanks...So do you guys arrive with your own purchase agreements in hand?

Determine the best payment methods.From this, you can further back into the property value to you and your best offer price with cost considerations, such as vacancy, repairs, maintenance, replacement, insurance, taxes (property and income), overhead costs (daily and during vacancy), finance costs, and then your acceptable risk/workload vs. reward.Now, you have arrived at the acceptable property value to you and your best offer price for the investment opportunity.

What: Stockton Meetup - chatting about Stockton / San Joaquin Valley and Bay Area deals, share experiences, tips, failures, etc When: Tuesday, Jan 21, 2014 6:30PM to whenever (arriving late is fine) Where: Residence Inn Stockton. 3240 March Ln, Stockton, 95219 Food & drink: Free drinks and snacks/salad until 7PM or 7:30 (can't remember how late)

We have also encountered lenders who would count the debt of a commercial mortgage against us when applying for residential financing, but not allow a percentage of rents from that commercial property to be included in income.Once you arrive in the region of 10 mortgages, they all have ridiculous capital reserve requirements:  CIBC wanted us to have $1-million in liquid assets when looking for a mortgage of ~$100K (at the time of purchase).The Big-5's internal guidelines fluctuate over time to fit their portfolio composition requirements - sometimes they are hungry/open to place mortgages on rental properties, sometimes they are reluctant - which is why you need to keep a rapport with several of them ... or use a mortgage broker.