hi all, been hovering for a few days looking for landlording tips and what not, and also looking for financing for another duplex, made a few calls, left a few messeges and sent some emails, no responses yet but its s...

(starting to talk myself out of the fear) waterbury is a small big city, what i mean it's small in population, but it as alot of big city problems, corruption and the usual crime stuff, but my main cocern is the mill rate there is insane. even in the height of the RE boom property was still 20% cheper b/c of the taxes.if you have a deal just make sure the taxes are acurate. there is definite money making deals in waterbury for the seasoned investor, i'm just trying to stay alittle closer to the house. if you give me an adress and i truly know the area i'll give my honest opion of the area. and some where on this board theres a link to money mag. 10 best places to buy bridgeport ct was on the list, same type of city but closer to nyc fairfield county. hope this helps good luck..

Buying properties for a low enough discount would be one of the main things you would learn after doing a rehab or two on your own.In a normal market, a good formula for a rehab is taking 70% of After Repaired Value (ARV) and then subtracting repairs from that number.For example if the property will sell for $100,000 all fixed up, and it needs $15,000 in repairs, then you would take 70% of $100,000, which is $70,000, and then subtract the $15,000 from that.

I am 26, and I do have very good credit, but the main thing holding it back from going higher is just the length of my open accounts.I actually inadvertently did the credit mooching thing with one of my partners.

Everyday that goes by that I do nothing kills me, mainly because I am a person that really is not afraid to do it.

I'm an electrician and see different houses every day just about so I'm used to seeing a variety of different things.I guess the total finished square footage of the home is close to 1400.It has a main level and then a finished basement.The main level has: Wide living room, 2 bedrooms, and a half bath.The basement has: Full bath, bed room, kitchen, and then a room that could be a dining room.

The main pages and the subcategory pages are the best to get crawled.

Remember, though, that the main component the HML is going to look at is the equity in the deal.

The main way these deals are put together is by owner financing.

One of the main trustees in my city is now requiring that you have the money on you.A hard money lender is not going to give you actual cash.