Originally posted by @Rick Price:Myself and a partner are in the process of setting up our LLC and came across a few questions.  

Greetings All,My name is Marcus, I am 22yo and originally from Los Angeles, CA but am currently serving overseas for the next few years.

Originally posted by @Don Van Nguyen:@Mark Sewell an interesting and maybe a noobie point for my side.

Since I do target the 15-20 year old homes, they normally have the original roof, AC, plumbing etc. so I pay attention to that and set aside cap-ex funds accordingly. 

Originally posted by @Jason Stofer:Hi Everyone,I am new to real estate investing.

Originally posted by @Travis S.

Usually for the buyer this includes, property taxes, insurance, title company fees, and lender origination fees.I’m not a huge fan of using percentages to estimate these costs.

Originally posted by @Chad Trail:When I go to get financing, which number do I use for LTV? 

Originally posted by @Eric Barnett:@Dusty Lewis you should come out to our South Austin Meetups, this month will be Tuesday 7/17 at Serranos in Southpark Meadows (Slaughter and I-35). 

The other is the seller having a smaller mortgage on the replacement property or properties.To begin with, for your original property, you have the original basis, consisting of the original price, land/building ratio, accumulated depreciation on the building and improvements.