I would recommend first determining the actual After Repaired Value (ARV) of the house.

They prove that hard work and determination can have a great pay off.

If you are looking for it as a rental then your numbers will be more of whatever you determine your desired return to be.

I would HIGHLY recommend that you talk with a realtor in the area and get comparable sales in the area to determine what it will realistically sell for.

your knowledge in that local area determines your successif you are not fully aware don't go into it until you know!

also what community or area you livei live in Hawaii... rehabing cost are expensive. if you know how to repair your own house you can make some money. usually, labor will determine your profit. in my experience...the more work and so called "clearner" the unitthe faster you will move the property.

I am having some serious issues determining electronic values though.

commercial all mostly depends on the income as in my experiencei have made quite some good profit but lost many as well. however, residential is better since financing is much better. commerical determines on rental coming in AND track record. if you don't have some good quality tentants...finding the loan is difficultthankssunsmicro

There are actually many factors the would be looked at to determine the payoff on such a note but you should be able to get much more than the 1.5 previously discussed if you do things right.

Just wondering if there is a web site or how people look at a house and determine what rents are going for in the area.