I wouldn't want to be in negative cash flow on this deal..Extensive repairs could be a nightmare..

For instance in loans, we commonly use the a mix of the HPI and the Origination Date to determine how accurate a Seller's property value might be where we quickly calculate how much deprecation occurred in the market and see if it is close to the Seller delivered value.

I'm currently an operational strategist for a large financial services company in SE PA and am planning to begin investing in real estate in the near future.I'm a big fan of "transformation" having extensively renovated my own homes over the years.

For instance, I will accept an 8% cap if I am paying cash or l am financing at 5% or less.It is difficult to see what you are doing based on the data you submitted but at an 8%cap requirement I would estimate the value of the property at about $120,000.Good Luck.Bill

I am convinced that there are not many if any, who can put a multi-family unit on this piece of land which will meet all the City guidelines successfully; I managed to achieve this on a very similar site, which was completed in July 2014, only because of my training and coming from Europe where we have a lot of instances like this there. 

For instance, I had to submit the request for the tenant's wheelchair ramp and also defend it at the hearing when they denied it.  

-BrandonTransactional funding allows a wholesaler the opportunity to purchase a property with none of the wholesaler's funds, provided that there is already an investor in place to purchase the property from the wholesaler within a short time frame of 2-5 days.For instance, Mary (wholesaler) has secured a property at 200k, and already has John (a cash buyer/investor) for 250k.

I'm a HVAC Technician in the commercial industry and have extensive experience with electrical and construction, I intend to fix up the house and refinance.

We did this primarily because a) we can borrow at a lower cost and b) it is easier for us to use equity lines of credit on our existing Canadian properties, than secure a mortgage in the U.S.A.In your instance, where you are no longer resident in Britain, you should first determine whether you remain able to refinance your property under terms and at a rate that makes business sense.  

I was advised long ago, and we pretty much stick to it with our rentals in Raleigh, that 7 years for carpet, 3 years for paint, for instance.