From a funding standpoint, you can expect to pay about 2% of the loan amount for a double closing.As far as closing costs, it is important that you have an Escrow agent that is investor-friendly and familiar with the ins and outs of handling a back to back double closing so that it is handled professionally and legally.

They then take those notes and package them with others from similar purchases and sell them along with their analysis to private investment funds.This leaves 45 notes from a package of 1,000 that three professional investment funds, doing intensive analysis by highly trained MBAs, have determined cannot yield even a minimal investment return.These are then offered to the individual investor, who according to those in the industry “with something to sell” (the leftover NPNs and/or “training”) can profit enormously by (1) making them re-performing notes or (2) foreclosing and selling the property for large profits.The pitch from those “with something to sell” is twofold: (1) “There is plenty of meat left on the bone” (actual quote), and (2) if you send the borrower a complete package of all docs, weighing, say, five pounds you will “shock and awe” him into paying on the note.I highly doubt either of these claims have even a micron of validity.The parties with a financial interest in you buying into this will cite isolated instances of great success, never mentioning the all-more-frequent instances of total failure.So at the end of the day the training promoters have collected up to $30,000 per person for their NPN “mentoring”/”coaching” program, the retail asset disposer has made 50% to 100% profit on their inventory, private middlemen have turned a $2,500 investment in a note into $16,000, and my sister-in-law who purchased 5 NPNs over three years ago and has spent large amounts on attorneys, taxes, and brokers has yet to see a penny in return.To paraphrase, if you don’t know who the sucker is in any ultra-high profit promise situation, it’s you.

I am looking for a trustworthy and professional property management company in Fort Wayne IN, Kansas City, Cincinnati OH, and Jackson MS.

This is where you compare features (such as garages/pools/beds and baths etc.) of the subject property with the comps, assign a dollar amount to those features, and then adjust the sales price of the comps up or down as appropriate before calculating the subject's ARV based on those adjusted comps.This will hopefully help you nail down a more accurate ARV for your property.Feel free to reach out if you have any questions.

I live in California and have a "professional renter" (he is very knowledgeable about the lease and laws and acts strictly within those bounds - I perceive him to be a potential lawsuit threat) in my rental property. 

@Jason Dillard, I realize finding deals is the hardest part, but building a team (reliable professional one) is hard too.Shouldn't I worry about this as well ?

Your situation depends on your involvement, your entity selection, and lots of other factors that preclude an informed opinion.3) You didn't ask, but I offer that you should not take or act on any legal, regulatory, or financial advice on a free forum and always seek a professional opinion or two.  

Bate Hendricks neighborhood is often featured on the HGTV show Good Bones, as are the neighboring areas of Fountain Square and Old Southside.Watch that show and you can get an idea of the type of homes that are there.  

This forum features a few experts in 1031 exchanges, including @Dave Foster and @Bill Exeter.Other solutions are more complex and not suitable in every situation:Monetized installment sales.

If you enjoy the BP podcasts @Darren Sager hosts a monthly meetup in Manhattan featuring BP podcast guests.