Hi Kevin, I am not sure, but I will bet @Denise Evans has a good opinion on it.

Your best bet is to find a multi-family property that is mis-managed, has below-market rents, or needs to be renovated; then you can take the steps necessary to improve its performance.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello, I found a off market deal and ran some analysis.

I use the P&I payments on the upb to calculate my annualized return on a reperforming note, but I use the estimated payoff to calculate my overall net profit should the loan payoff early or go to foreclosure. 

I would like to see a place in the forums where all the different spreadshets/ documents that people post are placed.So whenever someone posts an excel sheet for lets say calculating a rehab or property checklist etc. it gets put in a main place so that if someone is looking for a certain excel sheet, type of doc. they know where to go....What does everyone think?

I bet you have good pies up there.

You can either calculate times and percentages in your head, deal with people, and KNOW WHEN TO SHUT UP AND SIGN or you can't.Put down the books and start knocking on doors is my advice.all cash

Your best bet is to be honest and explain the circumstances.Perhaps you could talk to them in advance before you spend the money and time for the classes.

Based on my calculation on a two year term I could make around 40-50k assuming a 5% annual appreciation with the current market value at 215k.

I'll have to calculate what the profit will be after the extra holding costs and see if it's still a good deal.