Man I wanted them so bad- apparently they told the realtor that they loved the place, but I didn't hear this until a day and a qualified tenant later.

I generally only see $2500-$3000 in closing costs, and a deal this late in the year will bring your prepaids down.

So surprise us ;)NetworkingThe Summit is awesome if you can make it and a great way to get introduced to the area and different topics from BP folks all in one weekend.

That being said I think it could be challenging for them to find the right buyer - someone patient for a short sale and a buyer who wants to bring $72,000 in cash for liens and short sale negotiators before their downpayment?  

It’s a 1930 built 2,400 square foot up/down duplex with 2 beds and 1 bath in each unit and a detached 2 car garage.

NE Ohio has had a tornado and a couple of fires over the last 50 years, so not sure there is much of a risk.

The amount of the buyout can range depending on your credit score and how much you are putting down (and a few other items).

I only mention it because I have seen many real estate participants misunderstanding the difference between a townhouse-style condo and a townhouse-style sfr.

I will go back and relook the projections, but initially the projections are providing the investors a 9.1% Cash on Cash, 18% Average Annual Return, and a 15% IRR. 

Hi, I'm Erik Keim from Casper WY, and a graduate of The University of Wyoming and The Naval Postgraduate School.