Hi Maryland Locals,We are looking at buying a non-performing mortgage in Marriottsville, MD.  

How can you accurately put together a proposal (in particular the cost of money section) without knowing the points and interest ahead of time?

Had to replace the main drain (lateral from the house) to the main in the street.Hired a Pro to perform trenchless, sure glad I did. 

Crosschecking with Zillow I found this to be fairly accurate (I was seeing rents between $1,400 and $1,800.)Assuming I were to invest in this property, I would rent it out for $1,690.

Inquiring as to track record, how the sponsor's projected performance compares to actual performance, and learning about how they approach a potential investment property are all very important.If you are investing in a turnkey or a syndication or blind pool, there is one added risk that you don't have when you invest directly:  the sponsor.  

We have been fortunate and they have performed well.

Finding properties that perform at a 9-10 Cap is totally doable.

The same metrics and methods you use to measure the performance of your business(es) can be applied top your real estate business. 

You can also buy Performing notes as a vehicle for cash flow.  

Some of the reasons we like the Triangle are relative performance through the recession, general economic position and long term growth prospects.