But they bring more stable tenants.We buy/hold, "as long as tenant is paying for the house"And so far we haven lucky to make some $$$.

I can bring in around 10% of costs as skin in the game.

That would depend on what kind of note it is..................Commercial, residential etc.Options: Payoff, refi, sell, bring in an equity partner etc.

@Mike H.You bring up a very interesting point and it is something I have been bouncing around in my head.

Now, you may need to bring money to achieve financing, but that’s a separate issue.Finally, inclusive of fees your 25% dp would be around $32,000.

Can't wait to see what the year brings :)

If you're a successful wholesaler and want to learn about rehabbing, find a successful rehabber and offer to bring him a few deals in return for teaching you how to rehab.I've done #1 above for several new investors, and would always consider doing #2 if someone who could provide some value in return.That said, there's absolutely nothing wrong with paying for coaching under the right circumstances (the coach is knowledgeable, has real-world experience and is reasonable in his fees) -- but don't assume that you *have* to pay to learn this business from someone successful.

When you have a sec, be sure to upload a personal profile pic as well . . . that'll help bring you a little more credibility here.Jump in and good luck!

My Texas PM charges me 7% but they do charge 70% for finding a new tenant as they have to pay, through the MLS, 50% of the first month's rent to the agent who brings in the new tenant.

They are asking $550,000 for it and there are fourteen spots that bring in $250.00 each so a total of $3500.00.