Let me know how I can help!

If you were looking to hold, you MIGHT be able to pull off something closer to those numbers but you'll see slow appreciation and most likely be in a C-class area, which means more pro-active management. 

I offer to purchase the home for a discount equal to the expected cost of PITI plus repairs/maintenance for the life expectancy of the homeowner, plus a margin for profit.I have the option to refinance the home to pull money out of it after purchase to finance other real estate deals.

Many times, this approach has helped us avoid having to follow through with the eviction altogether because they will pay when they start receiving the required notices.Consistently sticking to the process also helps save time and energy by reducing the need to address delinquent payments on a case-by-case basis and lets the residents know what they can expect if they do not pay on time.Best of luck, and I hope this situation improves soon!

Think of it like learning anything else... elite athletes pay coaches to help them compete against the best.

I want to be a full time investor in real state and being an architect really helps in the rehab process How did you find this deal and how did you negotiate it?

Kitts so I can help answer any questions on the island.

I certainly hope it all works out and maybe along the way they'll be changes that even help them in the long run. 

The second time all my acquisition costs I got back at closing..It comes down to the deal and how your partnership is structured..Hope this helps

Does this affect a cash-out refinance or pulling out equity in the form of a HELOC/equity loan?