Your realtor should provide these stats based on actual rent not based your estimate.

Less than 10% downLess than or equal to 12% interestLess than or equal to 5 pointsasset based with no credit check required.Thanks for any help,Ryan

For septic you can register with the Texas PUC to pass through sewer charges based on the tenants water usage so all is not lost recovering the run & maintain charges.

Your looking at a blended cost of capital around 24%.When I run my hedge fund, we get a blended cost of capital of less than 5% using a credit facility/warehouse line based on Libor at 3.25% currently blended with the targe returns of the fund at 8% (10% to 11% if interest is compounded).

I'm about to start my journey and I'm based in the Austin Tx.  

Does anyone know if this price is usually a baseline and they are likely to receive more than their asking price or if it is common to offer a lower amount based on repairs needed?

I see on BP pretty frequently when people post commercial lending is simply based on the asset.

I'm getting married next month, and have been feeling the pressure to buy a condo, that would serve as a home base for me and my wife when I'm in between international assignments (10 days each 4 months) and would hold me and my wife's things (wedding gifts, furniture etc)My biggest problem is that we would only live in the condo about 20% of year, as we would be traveling abroad as part of my job.

Looking to find a grand rapids michigan based lawer that can help answer a quiet title question and then handle that process if appropriate.  

@Jeb Brilliant how are the cap rates and tenant base in Indianapolis?