It's a gamble but if you have deep enough pockets then it's a potential grand slam.

Or if there are other things I should be considering.I knew there was a reason I didn’t like the rental market… 50k to make a possibility of a grand a month.

so I got a call from a wholesaler about a deal in mill valley ca. which is an affluent area of the San Francisco Bay Area were properties values are highthe guy wants 950,000 negotiable but seller will take 250,000 to take over note. its a 3 bed 3.5 bath 2500 sq ft property with in law suite 1 bd. 1 ba.can rent for 1500 a month the house can rent for 4500-5000 its repair costs are slim to none mabe acouple grand if wanting to pruce it up a bit more.owner owes 650,000 on property comps in neighborhood are 1.1 to1.3+million he is moving to Dubai .I guess my question is would this be a good deal for a buy and hold investment?

She may even be willing to do it for a grand or two.

If I charged the last months rent up front, most of my units would be over 2 grand to move into...and I'd be eliminating probably 50%-70% of the rental market.

New to Grand Rapids mi and the competition is crazy..

Hey everyone I just wanted to share our first full house flip in the Grand Rapids, Michigan area.

When he gives the example of offering $100k, when all the wholesalers offered $70k, that $100k is an illusion and the grand total she'll get over the life of that loan in today's dollars is between $45-55k. 

For our first property I'm definitely looking for something that will cash flow at least a couple grand a year, which I haven't had much luck with in the current climate, but I'm still getting started and digging deeper.

I know in grand scheme these are not significant costs but trying to run a tighter ship.