The Lloyds TSB Group provides a wide range of domestic and international banking services to personal and commercial customers, including: Retail banking Insurance Wholesale banking Unit trusts and investment management Consumer credit and card services Key Facts and FiguresLloyds TSB Group at a glanceTotal assets £252 billion Total number of customers Over 15 million Number of employees Over 70,000 Total capital ratio 11.3% Lloyds TSB Bank plc deposit credit rating (Moody's) AAA Lloyds TSB Group plc long-term rating (Fitch IBCA) AA+ UK ranking (home insurance) 1st UK ranking (current accounts) 1st UK ranking (mortgage lending) 3rd Lloyds TSB AsiaLloyds TSB has been present in Asia since the 1970s with offices in Hong Kong, Singapore and Malaysia.

While the total number of properties posted for foreclosure skyrocket, the equity (in Texas) hasn't.

Find a hard money lender that will provide a 70-75 ARV loan, and you will be able to roll in the purchase + rehab (plus some closing costs) as long as the sum total doesn't exceed the allowable ARV limit.b.

Not getting or knowing the total payoff is an absolute DEAL KILLER for me.If you encounter this, go to a reputable Title Company and they are usually pretty effective in getting payoff's in these situations.Good luck,Jim Watkinswww.dfwmentor.com

Manhattan Development Site(Tribeca)**Direct To BrokerZoned-C6-2A w/ TMU F.A.R.(6.02)Lot Size-25x176.5Build Size-25x176Floor Area-21,938SqftRight Floor Area-32,189Sqft5 Story Building Delivered VacantApproved Plans to build Total Gross Floor area of 32,189SqftPurchase Price-$18M

Your $150,000 cash down has given you in 30 years –$3,365,000 (4% annual appreciation)$1,500,000 (2.34% annual “appreciation OR principal paid down on loan, however you want to look at it)$508,000 (after-tax cash flow invested annually into 8% annual yield account, whatever that is)$410,000 (increase in rents minus increase in variable operating costs invested annually into 8% annual yield account, whatever that is)Total gain - $5,783,000 or 12.9% compounded annual yield on the $150,000 investment.

Please correct me if this is wrong:From the net operating income I can deduct...annual depreciation (cost of property divided by 27.5 years) +total annual mortgage payment +total annual insurance payment =after tax cash flowDid I miss something that I can deduct... or did I add something that I cannot?

Add to that your taxes--$3300 divided by 12 for a monthly payment of $275 a month for taxes plus your monthly insurance payment of whatever—I’m guessing $200 here, and am probably way off, for a monthly total of $2749.68 payment each month.

Totally understood, that was the answer I was looking for.

this brings up something i was thinking about. i will be looking for properties where i pay cash for purchase and rehab, with this total amount being 70% of ARV(or less). then, with a partner, who finds the deal, buying me out(whether with new loan or ?)