But keep in mind it can be 25 percent above or below whatever it tells you. 2nd is look at similar listings for those dates.

@Brett Durfee,I own a property in North Hollywood and if you are looking for an accurate tax percent you can do it in 2 steps:1. go to the LA County Assessor site, type in the address, and look for the Tax Rate Area (TRA) which is a number that looks like 00012.2.

You're describing just a bit above one percent of your net worth in income.

What would the success rate be if I did this( by the  way in the the Chicago suburbs) if I invested in B class areas with caps of 6-8 percent and average appreciation of 3-4 percent ( is this reasonable.) put 25 percent down than once I have 30 percent equity I pull it out to buy more deals.

That is zero percent interest for a reason.

You need to calculate all of your monthly expenses and then figure out the return percent.

Other actionable books that actually come with a 90 plan for accomplishing this are Lifetime cash flow through MF properties by Rod Khleif or Financial Freedom with Real Estate Investing by Michael Blank!

., older properties need work, but well located, the couple is looking to retire after lifetime of hard work, i think they are in their late 60s they are looking to rehab the properties so they can sell and earn better for their effortshowever their credit is bad, and dont know anything about borrowing, loans, grants, nothing, I myself am new to real estate, dont have a clue and ofcourse dont want people to take advantage of them, they are good ppl, anyone have any input??

@Logan Harrell be very careful with Craigslist I’ve seen about 80 percent of my rentals listed relisted as a scam on Craigslist unfortunately....

Also it’d be great if you made the 1 percent rule after the refi to make sure you had solid cash flow.