people are funny.. complain about RE making 4k but will buy a rehabber house from a wholesaler who puts up no money takes no risk and walks away with 50 to 20k.. and think that is fine..

However, not many people are eager to do that.Once you’ve established your budget and your level of comfort with sacrifices, buy the best deal in your market.

Investment Info:Townhouse buy & hold investment.

Instead of $1500 in training you could buy some liens and consider the $1500 you are saving as a cushion for losses.

Hey James, did you end up buying in tricites?

He had an agreement with the seller to buy, but not close until after rehab.

I believe the primary issue is the 20 year term on a typical commercial loan.My current focus is on buying and hold duplex properties, and around me that put the total acquisition costs around $200-250k, with total monthly rents being 1.0-1.3% of the purchase price.  

Are you buying the home from the borrower?

Mutli-family is definitely the way to go to build strong cashflow and equity in your portfolio if you are buying right.

This will depend on a lot of factors, I am seeing the floor rate at 6.75% with a heavy buy down and as high as 10% with heavy loan level pricing adjustments.