@Romeo Kaado how are you im currently planning on attending a real estate class for my liscence,but due to my criminal past im scared to lose my money because the real estate commission is not giving me a sraight answer.My history only consist of drugs distribution,no sex charges,no violence, no theft,no robberies,nore fraud.Will that disqualify me from getting my liscence because i cant really afford to lose 400$

Specifically, were projected returns fully realized, were fees and other charges excessive, were holding periods predictable, etc?

An applicant has a trespassing charge from when they were 18, 23 years ago.

I believe they have not even ordered it because I have not been charged yet.

I've built a financial model/software that I use personally and help other investors all the time as well free of charge.

Of course, there is a MAJOR difference between an arrest or charge, and a conviction.  

This would enable you to contact multiple agencies and have many agents helping you look for a possible renter.it is common for property managers to charge half a month's rent or a full month's rent leasing fee.

@Erik SchofieldCongratulations on the growing family and for taking charge of your future!

: 1) buy the house by using $50k in cash from a HELOC2) get an invoice from a contractor for the $15k in rehab costs before closing and put the $15k in escrow with your closing attorney in charge of the escrow3) on the HUD1 settlement statement, enter the $50k purchase price on line 101 as the "contract sales price", enter the $15k on line 103 as "settlement charges to buyer", and the total of $65k on line 120 as "gross amount due from buyer"4) the property gets rehabbed and the contractor gets paid through the escrow as the work is completed.5) get a tenant placed in the property after rehab is completed6) get financing on your property for the lesser of a) 75% of the ARV which is $67,500 or b) the "gross amount due from buyer" per line 120 on the HUD1 settlement statement which is $65k7) so overall, you get your $65k cash back out through a mortgage that is based on the "gross amount due from buyer" per line 120 on the HUD1 settlement statement8) you now have a rental property with a tenant paying your monthly mortgage and you essentially have no money left in the deal@Andrew Postell I read your other post, which was fantastic.

I'm looking into this for a new development and need to figure out how to wire for the submeter and how to charge the tenants.