It factors in all your expenses and profit and will give you room to make mistakes in the beginning and not lose money, and when you finally figure out how to do a rehab efficiently then it will allow you to make a fairly good profit (normally about 15% of the ARV).

Make sure that there's no title problems (tax liens, etc.)There's a bunch more but I'm tired of typing the checklist.

I have several commercial investors whom I have established relationships with whom have asked me to sniff of a few Apartment Building for purchase w/good cap rates and are willing to spend between $500,000. and $1,000,000.What is a fair % percentage to ask the broker to pay me for producing a ready to go buyer should they indeed purchase?

I've gotten a fair number of leads (but no buyers or renters yet) off Facebook so I'm not sure how effective it is, but if the property is in a college town, I'd do it.

Just remember though that there are mortgage consultants out there who can loan nationwide, will give you a fair deal, and make you feel comfortable.

Now read the back-posts and start learning andcontributing.You'll find a friendly and welcoming bunch here for sure.

The following definition can be found on all of the standard FNMA appraisal forms:DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus...In an appraisal, the appraiser gives an Opinion of Market Value.

and Im "FAIRLY" sure that she would not do anything to harm my wealth , there is possibilies correct?

Just like I said.200% of Fair Market Value Identification RuleInvestors can identify more than three (3) like-kind replacement properties as long as the total (aggregate) fair market value of all the identified like-kind replacement properties does not exceed 200% of the total (aggregate) sales value of the relinquished property(ies).

But 'just doing it' even once requires a fair amount of time and money, and I'd rather be as fully informed as possible before doing so.)Thanks in advance.