The slope of the land and how much dirt to be moved also comes into play as it can get expensive to level for site work.Additionally inventory levels of similar locations with vacant buildings where developers or tenants can go in cheaper and faster might be competition unless you have one of the best locations in the area.Basically what I am saying is that there is a lot to this and you need a specialist to help if you are trying to extract any additional value out of the property versus it's current use.

What's up BP, We are looking for some additional advice as to some of the systems and processes that you have put in place to improve / streamline the wholesaling closing process (after assignment to the closing table).

(I super simplified this not taking into account reduced interest from accelerated pay down)Example 1:Mortgage 150k (paid down additional 50k) and 50k needed for next downpayment.Monthly mortgage payment $1000 (not including taxes insurance etc)Cash left after 2nd purchase $0Example 2:Mortgage 200k, 50K needed for downpayment, 50k in reservesMonthly mortgage payment $1000 (not including taxes insurance etc)Cash left after 2nd purchase $50kWhich example looks safer?

This new tax was opposed by may Springs homeowners who need additional income in order to afford to live here.

Additionally, I saw you didn't have anything on there for CapX, is that because you plan to fix everything with your $15k repair budget?

Your tax hit is minimized but you're also paying down debt tremendously fast.3.

My question is, do I need flood insurance in addition to my normal home insurance?  

I'm trying to get a solid number so I can account for the additional insurance on my analysis.

No additional penalty fee will be required.Tenant Requested:The Tenant will provide written and proper notice as stated above. 0-3 Months: There is a penalty fee of one (1) month’s rent.3-6 Months: There is a penalty fee of two (2) month’s rent.6-9 Months: There is a penalty fee of four (4) month’s rent.

This is in addition to the search e-mail agents in Northern NJ which are almost always coming with price change on lower side.