``````````````````````````````````````Getting Buyers FinancedI use www.UpGradeMyCredit.comGetting Payments Directly from Tenant Buyer to PITI LenderI use www.NoteCollection.com```````````````````````````````````````Negotiation TrainingHere is a free "negotiation with home seller" download mp3, it is me training one of my REI students.https://dl-web.dropbox.com/get/REI/Negotiating%20T...Free no opt inGet a coach, its alot easier.

You can download the free Ultimate Beginners Guide.There is so much information on the site it can be a bit overwhelming.

I underwrite 1 on average each day that fits my criteria and discard the rest. 

Download BP’s newest book here some good due diligence in Chapter 10.

Asking price is $60k.Here are the numbers based on a $50k purchase price: Cost Assumptions Purchase Price $50,000Improvements $2,000 ( Tear out 2 bedr carpet + paint + misc )Closing Costs $2,848  Auction site fees of 4.5% plus $299 Doc.Total Cost $54,848 Finance Amt $40,000 Downpayment Amt $10,000 Cash Outlay $14,848 Revenue Assumptions Monthly Rent $675 ( Average for complex )Vacancy Rate 8%Annual Cash Flow $3,233 Cash ROI 21.77% Total ROI 24.51%

The building is in above average condition for the area, again my opinion.

Lastly, what tends to be the average total cost to conduct a wholesale deal.Wanted to thank everyone in advance for their time and comments.

The tenant is provided the Home Warranty company 800 phone number at the lease signing.If I run the financial on this, It would cost $400 per SFH times 60 homes = $24K per year vs hiring a contractor for $600 - $800 a week on average. $700 times 52 weeks = $36,400.What are pros and cons?

Download BP’s newest book here some good due diligence in Chapter 10.

I agree with @Elliot Smith and 5% is a good initial response average.