Rents accelerated at unprecedented amounts, more multi family built and now here we are at this time feeling the effects of rents stabilizing and experiencing higher vacancy.

Enjoy a $3,690 Market Value for Rents and potential $10k annual cash flow.

The lease document clearly says Amount due at Signing in bold letters. 

The other important factor to look at is the amount of reserve capital that the sponsor is raising.

I can't even tell you the amount of sad dishonesty I saw :-(

Because of that, our budget a little more flexible -- it doesn't necessarily have to cash flow right out the door (which I know is almost completely unlikely in the current market for this type of area). 

I’m sure there are many cities where it wouldn’t be. 5) if it’s not an outright cash grab as it appears.

I lent $225,000 of which $185,000 was for the purchase of the property and $40,000 is going toward renovations.As a lender I just want to get back my loan amount back (in this instance $225,000) if there is a total loss with the property.I have seen where a lender tells the insurance agent how much property insurance he/she wants based on a price per square foot calculation.On the other hand I have also seen where a lender tells the insurance agent that the amount of property insurance should be the loan amount in this instance $225,000.

Purchase price: $72,000 Cash invested: $40,000 Sale price: $180,100 I found this great little house coated in smoke but solid.

@Elva Rinus check out the local meetups in the OC.OCREIN - Learn How to Flip Homes in Less than One Hour (biggerpockets.com)Cash-Flow Breakfast Club - Orange County CA - REI Mastermind & Networking event (biggerpockets.com)Good Investing...