Personally I don't think anything with a cap rate under 10 makes sense from a business point of view.Cap rates vary greatly by area, even down to the neighborhood level.

Decide for yourself what kind of lifestyle it is you want to lead and what style of investing will serve you the best.

I found a FSBO property in my neighborhood.

The choice is yours and it really depends on your style of investing.

Not my style,but nevertheless, may 'fit' others.

Bush has not objected when the big firms and rich executives of Wall Street have been on the receiving end of federal assistance, but now he is threatening to block a measure to aid hard-hit neighborhoods filled with ordinary Americans.I think its an ugly situation that these two entities have been structured so any rewards go to the shareholders and especially executives and risks get moved to the taxpayers.

People who live in high priced areas are going to have to do a little driving and find the bread and butter neighborhoods, with the lower house values.

A person who had relatives right in this neighborhood bid agressively for it .The Unit needed a lot of work, but it was in a good neighborhood, and the Unit had tons of potential, and a couple of desireable features, (fireplace, plus bedrooms at opposite ends of living room)Oh well, I'm still looking for a sure fire deal I cant screw up, but I havent been able to find one.GL all .

Its a great neighborhood so I took the 330K as the ARV and 65% of the ARV brings me to 214,500.

Look at a neighborhood, and you're going to find dozens, if not hundreds of lenders (good and bad).