“Accordingly, the agencies that conduct CRA evaluations do not anticipate that institutions’ decision to originate only QMs, absent other factors, would adversely affect their CRA evaluations.”

For instance, I have a 40 unit investment purchased with seller financing- the cap rate is around 6% (seller Financed properties have inflated prices hence the lower cap rate), the cash flow is in healthy 5 digits;So still a great investment given the nature of non-institutional debt and the great cash-flow.We specialize in off-market deals & what we teach our clients is to not get stuck in cookie-cutter calculations but evaluate each deal in its own merit.

Looking forward to hearing about your progress and I recommend joining MANY REI groups - not just one.

Needless to say that has artificially inflated prices for rental properties especially under $150k.So if you are looking to buy rentals- stay clear of the MLS and don't take recent sales comps at face value as a measure of ARVs; know expense calculations to know your true Net operating income; you will be surprised how it can often be way off than what most wholesales would have you believe.Let us know if we can assist in any way- our specialty is in providing data on finding & evaluating off-market deals.

1 handiman type person sounds reasonable, assuming that individual would be responsible for general lawn maintenance (grass cutting), general cleaning of hallways, etc. and everyday minor maintenance problems.In addition I would expect a PM to cost around $28K/yr. and assuming reserves mean Capital Expense Fund, again I would estimate at about $28K a year.I would definitely contract someone to fully evaluate the rehab costs and check with a couple of PM companies to get their ideas and costs.

.-- Property Evaluation reports based on purchase price and appraisal.-- Handle Re-finances-- Handle properties with outside investors.NICE TO HAVES:-- Would like to find a cloud solution with multiple user abilities.

It's free, and will explain other metrics you can use to evaluate properties.Also take a look at the Real Estate Deal and Analysis subforum to see how people analyze deals there.

Hi All,I've got my eye on 2-3 smaller parks (15-25 units) and wondering how you evaluate the local economy.

That appraised value will be determined by the independent refinance bank that hires their own AMC to come in and anonymously evaluate and appraised your property.

Have a potential deal I am evaluating in Redgranite.