Account Closed I got my list from listability; vacant property home owners with high equity

.- future assumptions: 2% annual income growth, 5% PV growth, 2% expenses growth, 6% sale expensesBigger pockets tool sheet with above data:Cash flow: $916/monthCash on Cash ROI: 6.65%-7.57% depending on rehab costsPurchase cap rate: 7.15%I know this does not meet the 2% or 50% rule but it seems like a good investment for the area.  

@Curtis Deckard, I DON'T like the "down payment" (only) idea, because from every account I've read, Lenders take a VERY dim view of your deposit ALSO being borrowed.

Like Teresa said, the ground can always be redeemed pursuant to statute with the buyout figure based upon date of the lease and annual rent.

Our plan was to pay off our loans as fast as we can, start a corporation to mitigate risk and start a joint savings account where we do 50/50 contributions to build up cash to invest. 

I cant touch the money and all rent has to go back into the account. 

You need to have multiple different independent accounts of what a property looks like, inside and out, and what the properties potential is as a rental that will meet your investing needs. 3) Try to get something as turn key as possible.

Account Closed, that's the problem, I don't have contact with him (and neighbors don't have info either), I only know all of that because of the immediate aftermath of her death.

Hi everyone,Looking for an accountant that is familiar with start-up real estate companies investing out of state.I can't make it to the next REI Group in Warwick, so suggestions welcome.  

Originally posted by Account Closed:@Levi T.