Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

@Stanley Kong  There are disclaimers on listings.. any item on a listing is subject to second party verification.I really like the big bold one on the Charleston SC MLS system" if square footage is important measure"  this clearly denotes sq. ft. is estimated if you want it exact you need to do your own measuringIn the foreclosure or distressed asset business some of the best deals are when the bank or seller mis states sq ft..

Cash on cash break down:1100 monthly rent - 150 monthly insurance and taxes - 150 estimated repairs and misc = 800 monthly800 * 12 = 96009600 / 29000 purchase price (including title ins. / closing costs) = 23% cash on cash

With credible comps and accurate rehab estimates (which you do have to be able to say these are viable, yes?)

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Great time to get in and conduct both rental accumulation and flipping some real estate.

Estimating 10k in rehab which I'm taking a personal loan for.Together with the mortgage including taxes, insurance, and my rehab loan payment I'll be at $1,074 a month.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.Download BP’s newest book here some good due diligence in Chapter 10.

It's a single family home but has two apartments in the back so it's three units rents are total of 2,125, selling for 185,000,taxes are 1500 year, payment would be like 900...I also estimated for all expenses and vacancies at 10% each...looking forward for someone to help me out thanks ...