Do the fees add up daily or do you use a different rate?  

Following because I'm interested in finding one in NJ as well!

Any insight is greatly appreciated.

If you're interested, I'd be happy to share some of the strategies that worked for Mike and other clients who've successfully rebuilt their portfolios.

I am interested in buying a two family house using seller financing.

Final update.Project completed.Rented and Refi, this project as I mentioned is the first out of town investment we've purchased, I have uploaded final pictures I hope you like it.the deal when well, I had to leave more money in the deal that I wanted but over all a great experience, because we started with the BRRRR we fined contractors right away and we felt confidante and that give us the push we needed to purchase more, so now we are proud the report that we have 3 properties (4 doors, 1 duplex 2 houses) that all are rented and cash flowing well, and also one more under contract!!!!

Great to meet you!

If your units have garages you’re better off offering a flat rate charge to install 14-50 receptacles in the garage. 

Hi Logan unfortnately, this property's ARV doesn't support the BRRRR method, but it's in a great area for LTR 

How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions  thank you everybody for your help!!