By showing on paper what they can gain in income and possibly reduce the tax liability all typically done a year after the closing versus over the life of the loan. 

For mom & pop tenants, the landlords will not typically waive these pass-through expenses all together, however, you may be able to limit the impact of the increases.

My annual property taxes are 950-1200 typically

Evening BP Family, Will the infrastructure from a mobile home park (water and electrical) typically be the same quality if I want to convert the park to a single family neighborhood and built?

Also, when i crunched the numbers, it was a lot of typical rates, like 4% for interest, expenses etc.

Hello everyone I’m Patrick and there is a auction coming up this summer for a rv park that is beyond run down about 20 spaces that have pre 90s rvs on them grass is two feet tall gravel road is almost impassable I mean it basically looks like a trailer scrapyard but it is directly next to hwy 35 just off a exit south of dallas anyway I thought since the rv park was so run down people may only value it for land and I could add value to the park by evicting the tenants and rehabbing the park I’m aware of the costs involved in such a task I’m a contractor in the area Never bought at auction though inexperienced in that regard if anyone has input or advice I’d love to hear it thanks

Hey @Joshua D.You need closing costs, so add 5% ($25,000)Needs repair costs (unless they're currently rented) add $39,000Unless you're taking over the loan, you'll need a down payment, change 0% to 25% ($125,000)15 year AM is fine, you could also do 30 yearsManagement is typically 8% of gross rents, so pretty goodThe Rent/Price ratio looks too good to be trueMost investors struggle to reach the 1 % rule in B class areas, and this is a 3% rule.

Each of those will have 4+ homes in Dallas every week and even more in the surrounding areas.The best way to find smaller wholesalers who will typically leave more meat on the bones for you as an investor is to call the We Buy Houses signs you see littered on every intersection.

LP’s don’t typically show an address, just a legal description.

Yes you can do this typically a commercial lender or private lender is how this is done assuming it’s not your own cash