Look for a minimum of 3 times the gross monthly income as your rent amount.

Hum,She wrote 3% of the gross to the buyers agent on the form above.

How much of a difference was the gross living area calculation?

I'm confident that I could find tenants to pay between $575-$625 per room, per month. (575+600+625=$1800 gross rent/mo)As a first time homebuyer in NY, I'm eligible for up to 97% FHA financing as well as Down Payment Loan Assistance (DPLA).

I know my lender on a 20+ unit deal wanted to see 9 months of gross rents.

“It would have a big impact,” he said, “like Volkswagen had for Chattanooga, which created 3,000 employees and about 8,000 residual jobs in that area.

When you say 100k cash flow annually are you talking 100k gross income or 100k profit after expenses and debt service but before taxes?

It is for the gross rents there.

. , indeed a good quick flip at 83% of ARV.Mind my asking: your gross $35k profit shrinks by buying/selling transaction costs and then you pay full ordinary income tax.....you're selling the type of property a fix/hold investor wants to hold?

Although I am technically the owner of my company I am also an employee.