I was really against Obama before the election, but he has turned out 1000% worse than even I had anticipated.

After owning and operating for several years now, it has ended up being less of a hassle than I first anticipated.

Due to our aggressive pricing of the houses, the realtors we have consulted have each stated that they anticipate the houses could be sold within 30 days of completion, bringing the total investment time of each house from start to sale to 120 days.We have several homes to build and therefore, we would also work with an investor / partner who would prefer to roll-over their $10,000 investment into the next house, and take out only their profit, therefore, after the second house is sold, the investor / partner has made a 100% return (all in less then one year).Everything is documented, and we would welcome you to have your lawyer review the entire investment / partnership before you move forward.

The back fire to what I did which I also found a way to smooth out is that it took me 10 months to actually close on the property which was 7 months later then I anticipated and my 0% interest was only set at 15 months.

We bought in CA first for a few reasons: it's where we live (so we can self-manage and work on it ourselves), we anticipated staying in CA for at least a while, and so we could get experience being landlords (my parents were landlords when I was growing up, but you learn so much more when YOU own the property!).

Take cost per sq ft and land acquisition price plus teardown and clearing costs minus the anticipated sales price when built out.

The loan originator may choose to:1) have the amount of the credit remain the same as stated on the GFE to cover additional closing costs previously not anticipated to be included in the ?

Part of those numbers is anticipation of appreciation (increased equity).

Total development cost for each home is $162,250 (Including land and street cost for all 10 lots) Anticipated selling price of each home is $200,000 leaving a profit of $37,750 each home.

Do the research in the area to see what the rental demand is like, overestimate any repairs costs that you anticipate.