Seller wants $90,000 for the home, with the cosmetic repairs being $20,000 in cost and the ARV is 141,654.

My family has a rent to own contract for 273 Hickory in Buffalo and we need advice on how to find investors for repairs.

No phone jacks.

More than likely rent rates are lower because the property needs some sort of repairs in order to bring it up to par with the higher rent rates which gives you a bargaining chip in negotiations

View report*This link comes directly from our calculators, based on information input by the member who posted.I am a bit confused as to how the total cash invested is calculated , my numbers arent the same as that in the calculator:TOTAL CASH REQUIRED AT AQUISITION Purchase price: 70000  Repair cost: 30000  ARV: 120000  Hard money loan(75% of arv): 90000  Points on loan: 2700Closing cost:2500   Total needed at aquisition: (70000+30000-90000)+2500=12500; the same as the calculator but arent the points paid on a hard money loan paid upfront?

They can only lend on what an appraiser says the property will be worth once fixed (purchase + repairs), so if your purchase price plus repairs is higher than what they think the property will be worth.

BiggerPockets Calculator ResultsThe biggest unknown is CapEx and Repairs.

Maybe the author doesn’t have a phone either and they couldn’t call any Very large landlords here to get their opinion and instead faxed a request for an opinion from someone that owns no homes in Vegas but once visited a strip club here?

Everything was quiet for three months until the couple started blowing up my phone wanting off the lease.

The last buyer agency sale took more than 60 hours of my time and a lot of gas and phone calls.