Your first step should be to go to the bank and find out what your approved for, then re-evaluate your situation.

What is the normal ROI and strings attached for local transactional or hard money lenders?

I'm reading for transactional lenders 1.9-5% depending on how long you use their money 1-90 days?

For hard money lenders I'...

He was instructing me to do research on several issues that were already in my OP, as if he didn't even read it.That was not very nice, hence the removal.For a buy and hold situation, I would evaluate it like this:Since next door is getting $475 per door, I would use $425 for a very conservative income number per door and as such $475 X 4 = $1900 GMIUsing the 2% rule, $1900 / .02 = $95,000 market value less $20k repairs so this should be worth $75k.

i like it is bigger and less eye strain i noticed the key tags were gone so i had to look around till found this thread and it was strange i didnt have to log in either i liked the old too but change is inevitable and is mostly good for us thanks for constantly improving an already great and rewarding site not brown nosing cause it never gets you anywhere any way just saying what is on mind thanks to all involved

I'm planning to have a mold person come out and do an evaluation during my inspection period to find out how bad it is and go back to bank with evidence if necessary.

Here's what you need to do: - Find well-run companies, - Evaluate their industries to see if the industry has good long term prospects, - Evaluate management to see if it has a shareholder-friendly culture, - Evaluate the competition and easy of entry, - Monitor the company's progress regularly, - Do a simple company valuation every year so that you always know how much the stock is worth, - Make a list of all such companies that you like and their current worth per share, - Then wait.

Evaluate a reasonable and expected exit price (don't pick the best case scenrio, particularly in the current market conditions.2.

Not looking to blow any holes in your numbers just evaluating weather I want to try long distance rentals myself.

:)Basically, the two types of measurements ($/hour vs ratio measurements) are related but should be analyzed independently -- $/hour purely describes your returns as an employee while the ratio measurements describe the returns of the portfolio/business.Sure, your earnings and your portfolio's earnings may be one and the same, but you shouldn't be evaluating them the same way.

However, if you assume cash purchases, and evaluate your return realisitcally (50% rule, NOT Rent - PITI), you may discover the returns are unattractive.