I'm more of a conservative investor at the moment with goals to have 10 properties paid off by my 45th birthday(15 years left).People have made lots of money in real estate from the beginning of time...but many people go broke trying to make a quick buck too.

Don't risk you business to save a few bucks.

I think the sweet spot is 5% down because you save the 1.8%, biggest bang for the buck.

Kitchen, bathroom, flooring (has carpet now),... to get the biggest bang for the buck?

There needs to be some funds on hand for emergency repairs and annual operations if any.Beyond that, they should look to 1. invest the lion's share to the date of expected repairs or 2. split into staggered maturity distribution so that significant amounts (like 25/30k) come due as funds are required.

Bill Gulley I think if youre able to spend a few bucks that would be a good way to go, that is, assuming, that you have a good real estate group in your town that can refer you to an attorney.

I just hand mine off, because my agent does a lot for me and I've known her forever, but it wouldn't be bad to ask for a few hundred bucks if they get a commission off a lead you generated.Agents are hungry too, in my experieince they dont mind paying for sales any more than we do.

Or you could put it with an MLS only realty company and pay a few hundred bucks (if that exists in your area).

FHLB+300bp Term: 10 yearsAmortization: 25 years 3% prepayment penalty years 1-3, 2% years 4-6, 1% years 7-10; does not apply with NBT refinance or within 90 days of maturity.

Chances are, they are looking for $5-10 bucks for their next high.