Edit: MODS please move this thread to the proper forum.

The numbers work the same whether you're building or buying (although I'd pay a premium to build since you're getting new construction which *should* mean less problems for the next ~5 years).There are many articles and discussions throughout the BP website surround purchase prices for rental properties.

Private lenders are going to be Par or Premium sellers not discount sellers.

It is saved to my desktop or I can access it through Facebook.Also, does anyone know how to fix a link... when I go to edit, I don't get the menu on the top bar that has the link function...

Then call your insurance company and get a blanket liability policy with whatever coverage makes you comfortable - 1 to 2 million is fairly common, but you may want to step it up to 5 or 10 million depending on your comfort level and the premiums.

So the new car is waiting for this deal to close, at the earliest.I'm looking at a new Trail Premium or Limited Edition Toyota 4Runner.

The reason to invest in student is because the premium rent you can get.

Edit: Also if it does appraise lower, do I have to go through with the refi?

I see that they have been increasing their premium every year.Cheers Suren

The opportunity cost of staying in Houston became too much.MY GOALS:I don't want to pay rent anymoreI want to have at least a few hundred dollars of positive cash flowI want to build on an asset instead of throwing rent money away building someone else'sI want to gain experience as a landlord and a property investorI want to live in a relatively safe areaI want to live in an up and coming neighborhoodI want the property to have some kind of added value potential, meaning I can fix it up a little bit and not pay a premium on a turn-key propertyPREAPPROVED LOAN DETAILS:30 Year Fixed FHAPurchase Price: $350,000Down Payment Required: $12,250Base Loan Amount: $337,750(Damn I can't find my rate. what kind of rate should I be looking for?)