Purchase price: $680,000 Cash invested: $510,000 We funded this loan in 48 hours. 75% loan to cost.

The Reality is stuff costs money.

Also, I would also not cross-collateralize the houses if a lender would even do a portfolio loan.On your second question about multifamily, I would not jump to multifamily until you have experienced the common management problems with single-family as the expenses scale with the size of the property as well as the cost of mistakes.I would consider getting Home Equity Lines of Credit (HELOC) on each property.

If no mention was made of any type of special cleaner in the lease - that seems like an error on your part and would be a cost that you would have to bear.if you are charging the renter how old the units are makes a difference.

Expect there to be costs to appease the tenants.  

We work hard cut costs as much as possible, everywhere that we can. 

It seems like many of these things could be taken care of by RentRedi for a much lower cost. 

I'm looking at a gains amount of 40K after closing costs, realtor fees, and tax payback.

The borrower / partner should have assets to show  (25% down payment + closing costs+ reserves)5.

Cost Side Analysis: Understanding operating expenses, capital expenditures, and strategies for effective cost management.2.