I remember what the 3rd and 5th wards were like back in 2010.

If it is in bad bad bad condition and you are not a contractor I would probably sell it.A few months ago I sold a home and after about three months they gave it back to me and then I put it on facebook marketplace and sold it again.

Check back soon for more adventures in investing.

That fee is the interest...but because they are partners and it is buying back their right to ownership it complies.

Obviously there will be other items that come up but it's a good outline to start.AddressPurchase PriceDown Payment (20% if HM)Loan AmountRehab Cost Est Interest Rate# Holding Months Homeowner's Insurance PolicyOrigination FeeDocument FeeHOA Fee if applicableProperty TaxesTitle - Lender Title InsuranceTitle - Owner's Title InsuranceTitle - Binder Fee - Buy SideTitle - Binder Fee - Sell SideTitle Messenger FeesRecording Grant Deed - Buy SideRecording Trust Deed - Buy SideRecording Fee - Sell SideStatement Fee - Sell SideEscrow Fee - Buy SideEscrow Fee - Sell SideSub Escrow Fee - Buy SideSub Escrow Fee - Sell SideLoan Doc Signing ServiceMonthly Int Only PaymentNHD Report $99Utilities (Electric, water etc)Owner's Title InsuranceTransfer Tax - Sell SideHOA Docs Order if applicableHome Warranty $500Agent Commissions (4-5% of sale price)Wire Fee $25 per wireFiled Articles of Incorp for LLC (if creating a new LLC)ARV #Minus Down Payment Back (20% if HM)Minus Rehab CostMinus Holding Costs, HM FeesMinus Realtor Commissions (4-5%)Net Profit

Before Rents or Real Estate prices can go up much more here, we need to bring more good paying jobs back to the area.

By partnering with experienced sponsors and staying informed about market trends, you can make informed investment decisions regardless of timing.Don't let these excuses hold you back from leveraging the power of limited partnership in real estate.

Im sadly here to tell you that under audit, and we have 100s of court cases to back this up, that this WILL NOT FLY.

We chose this since back then we were able to get some better financing terms.

I have been eyeing Las Vegas recently, and Arizona a while back.