Remember when you are doing your computations that it is not just about the purchase price and rents... cash flow is dependent on many factors including taxes.Cash flow is King and Appreciation is Queen, you need both to build a lasting kingdom.

I would definitely talk with someone who currently lives in Indy as there are many different areas rapidly growing that only someone living here would have their pulse on. 

Affordable prices and booming economy and GROWTH:The region has been Virginia’s fastest growing for five consecutive years, with a population of 338,000.A highly skilled and expanding labor force of more than 1 million resides within a 40 mile commute.Strategically located just 35 miles south of the nation’s capital and 35 miles north of Richmond, capital of Virginia.Over 47 miles of Interstate-95 serve the region, carrying 120,000 cars per day.Excellent rail service is easily accessible, including Virginia Railway Express’s commuter service and Amtrak.

Hello to all who take the time to read! I’m making this post because I’m very eager to start and finish my first fix and flip deal! I have some liquid capital, not much $14,000 to be exact, I know as a new investor ac...

Something to remember is that by seller financing, you are effectively saving money on purchase over the two years.If you are concerned about the refi, take a look at the cost of ownership with the seller financing versus what a conventional loan would cost.

the cons of this building is that it has tenants that are smoky and stayed there for long time, some of them are paying through government assistance which I really don't know if this would be a bad idea or what, the unit that might fit our growing family as we are now three and expecting a baby soon!

Remember that market value isn't determined by calculators or formulas, it's determined by what the highest bidder is willing to pay.A lot of the older BP content & calculators was made by folks who got started in the Midwest about a decade ago, specifically in Colorado.

I am also interested in out of state investing in emerging/growing markets.

I remember hearing stories about people camping outside of new construction communities so they could buy homes as soon as they opened the doors for business lol.

Can't remember if they take this amount out from the foreclosure sale amount in Philly.