This 50/50 method is so common it's implemented in netsheets provided by title companies and the Realtor association please see link provided in my last post and below screenshot.

i also have heard that it limits you on what you can do with investing.example. you can't negotiate a person to a below market value deal because it may be considered stealing or unethical. etc.

It's fairly new, so repairs should be low for a while, no property management fee, and taxes & insurance should run about $1,000-1200/year.

Current Rents are 5% below current market.Current thoughts are offering $1 m.

And when you add the cost of flood insurance to PITI and other expenses your cash flow on this property is probably below acceptable goals regardless of the cash flow it creates without a mtg.

Look below this Window, and you will see a list of names of people that have posted in this thread.Click on the name of the person that you want notified via an email, that you responded to them.If you are a Colleague with anyone that has NOT posted in the thread, and you want them to see your post, hold down the shift key, type the @ and the first 4 letters of their First or Last Name.Then look below this Window and click on that person's name.Raymond

After photo is below.

If so effective rent can be lower than gross rent.

Meanwhile flipped homes were still purchased at an average discount of 13 percent below market value in 2013, the same average discount as 2012, indicating that investors are finding discounted buying opportunities outside of the public foreclosure process — particularly in those markets with the biggest increases in flipping for the year.”Major metro areas with big increases in home flipping in 2013 compared to 2012 included Virginia Beach (up 141 percent), Jacksonville, Fla., (up 92 percent), Baltimore, Md.

hey BP,I've got two properties I'm looking at, both selling below appraised value, and both cash flow positive within my criteria for the local area.