keiththekid:DO NOT use a county appraisal as a determing factor of what the market value of a house may be, period.

The repair cost wont show on the HUD but its a real cost and factors into your evaluation.

Originally posted by "Investment Loans":Shouldnt be an issue if you've got a high enough credit score.Or other compensating factors...Regards,Scott Miller

Fortunately, I have my own money so bank financing costs don't factor in for me, other than the time-value of the money tied up during the process.

I would always factor your numbers as if you had to contract it out.

You would give your sincere heart in helping that person reach their goals.Now in this industry, competition does play some factors in our interaction with each other, but if you are outside of that competition factor then you will find that just being out there in the thick of the jungle fighting to find your way will motivate the experienced traveler to lend a helping hand.Also, there is enough free advice right here on this forum for anyone to go a long way in their investing career.

I'm seriously considering multi-family investments out of my home state and would very much like to hear your feedback based on your experiences.Perhaps you could share any methods or strategies you've found useful in lessening the hassle factor or for making the management and operations as smooth as can be expected.Thanks in advance and again, welcome!

a 9% return on investment, that's not ideal, but it depends on your investment strategy.if we're talking rentals - say out of pocket expenses to purchase a property is $3000 (example ONLY) - and the unit cash flows for 125 a month - that's 1500 for the year.you're roi would be 50% - 1500 divided by 3000 9% would yield you 270 bucks for the year or 23 bucks a month.just to point out the difference.

you just have to factor in the competition - that's out there sucking up as many deals as possible - take a look around, you'll start to see all the activity of fellow investors in your area.have you considered joining your local rei club?

Many conventional loans will either not allow you to put a property under an LLC or will charge you points on your interest rate to do it.Your Return On Investment (ROI) or more accurately your Cash on Cash Return (CCR) is factored by first figuring your cash flow on the property.