just returned from deployment I'm looking at this property to buy, so i can focus on school, and not work17 unit and 12 unit building17 unit building mix15 unit rooms at $328 a month paid week 2 units $640 monthparking laundry incom $87total month $6150Total Annual $7400012 unit building mix8 efficiency $520 a month 4 rooms $390 a monthparking laundry income $152/monthTotal Month $5700Total Annual $68000Actuals from RealtorMONTHLY INCOME For 20092009MONTHRENT COLLECTEDLaundryTOTALRENT COLLECTEDLaundryTOTALJAN$5,810$100$5,755$100FEB$3,430$100$4,055$100MAR$3,782$100$3,640$100APR$3,030$100$4,573$100MAY$5,507$100$3,580$100JUN$4,392$100$3,277$100JUL$5,467$100$3,060$100AUG$5,730$100$4,526$100SEP$4,390$100$6,855$100TOTALS$41,538$900$39,321$900AVERAGE MONTHLY INCOME$4,615$100$4,715$4,369$100$4,469Annualized Average x 12$55,384$1,200$56,584$52,428$1,200$53,628expenese2008 Taxes (actual)$5,716$7,985electric (actual)$9,252$8,352Water / Sewer (actual)$1,362$2,118Insurance (actual)$1,350$1,455Rooming License (actual)$216$0Repair & Maintenance (projected)$3,000$3,000management 5% (projected)$3,190$3,101Reserve (projected)$1,800$1,800Total Expenses$25,886$27,811On market for $603000Am I overlooking anything, it seems with favorable financing this property well work out nicer.Great first investment to set up my business a foundation if you well.Looking for insight, help, things to look out for, great loan companies, cash partners, anyway you can help I'd very much apprecitate it.

If you're wholesaling, you can always record an 'Option memorandum' clouding the title in your favor.

I met with another listing agent today and the results were absolutley favorable. i discussed face to face my business plan, buy and sell philosophy, cash offers with no contingencies, and exactly the type properties I am looking.

Hello, My name is Dan Favor from MI. and it's good to be here.

i wouldn't pay it. they were certainly trying to take advantage of your mother. let them try to take her to small claims court. i can't imagine that a judge would rule in his favor. i would also contact the 'trusted family friend' and let them know what a ripoff their plumber is!

If your planning on opening up a business or buying a home, you should do a little more research and consider bankruptcy instead of foreclosure.Do yourself a favor and consult a bankruptcy attorney before you let them forelcose.

We do not talk about the property, but about other issues, like sports, the market, anything that we feel will cause the BPO agent to point the BPO in our favor.

You usually will not get a second look because you already received an offer from a buyer and it was supported by the BPO.In my opinion, the odds are not in your favor.

I do, however, wish that our current administration (start a different thread for lingering Bush complaints) would not use a slight of hand to convince people that he's in favor of offshore drilling.

If an Investor really feels there will be a deal (if the BPO comes in favorably) and he/she is going to make money, I don't see anything wrong with paying for moving expensive out of their on personal account.