Im sure weve all seen signs around like "we buy houses fast, cash" or "we buy ugly houses," preferably the small cheap throwaway signs on freeway off-ramps etc How well does this work?

If you buy a t a big enough discount like Bill Gulley suggests it doesn't matter.Bill, I am curious how you prefer to source notes with significant discounts and what the yield is based on the coupon and your discounted price.  

I did not make anything as all the proceeds went to years of preferred returns.It was not fun losing all of these properties but there was a lot to learn from it. 

I would prefer working with someone local to Nashville, TN, but am open to working with a remote adviser as well.

Putting a window in tastefully, and doing hard coat stucco that ties into the rest of the house could really make it a winner, and if the home is brick, stucco could work great if you paint the brick the same color with masonry paint. 

I am trying to analyze Single Family Homes (SFH) in the Aurora / Naperville, IL area, for potential buy-and-hold rental properties.Does anyone out there have a calculator or template that they prefer using?

I am trying to analyze Single Family Homes (SFH) in the Aurora / Naperville, IL area, for potential buy-and-hold rental properties.Does anyone out there have a calculator or template that they prefer using?

I am trying to analyze Single Family Homes (SFH) in the Aurora / Naperville, IL area, for potential buy-and-hold rental properties.Does anyone out there have a calculator or template that they prefer using?

This was my personal preference as I learn one way and you might learn a different way. 

my experience is that they dont like LOC's north of $500K, and really prefer $300K,  But most banks would be happy to give you 70-80% LTV portfolio loan, the banks dont like LOC's secured against real estate, because it ties up twice you available, so if you have a $300K line with no balance, the bank need $600K on hand to cover you, that becomes a liability to them, but if the give you $300K and amm it, its backed by the asset, so the bank doesnt need  cash on hand to cover you, now you are an asset giving them a return on the investment they made. at least thats how it was explained to me