This has a whole host of advantages and disadvantages, but it keeps the ability to design a custom deal for each project.

Both 50% and 2% "rules" are intended to put about $100 per unit into your pockets per month on average, after all expenses and other costs are met.2% is a quick approach to the 50% rule, that works when rents are roughly $500 per unit.

What borrower can expect for an SBA loan is different than the process/docs required for a hard money loan or say a church loan.A knowledgeable broker should easily be able to impart their knowledge as to how a particular lender and/or loan program works or what the current market appetite is for a particular property type is.That, and a good broker should be willing to spend the time and work pro bono while they approach lenders.

James Vermillion - As people realize the power of having a complete company profile, build their company's followers up, and start to use these profiles to share company news, updates, and opportunities, I think it will very quickly grow.We've designed them to be as interactive as you want them to be.

Hey everyone, after years of watching DIY Network, reading every book I can find and listening to hundreds of hours of podcasts, I figured it's time for me to take a more proactive approach to real estate investing.

If you are basing a purchase price mainly on the income approach, then having access to a couple of years of P & L statements are absolutely critical.The gross rental income will include your vacancy rate.

I think I would have been freaking out had it not been for that specially designated reserve.

I have tried craigslist for my area but it looks like there are a couple investors using it heavily already so I would like to try a different approach to find sellers.

(This is a very important question - too much detail to go into)This is just 30% of the work for one deal that continues to give indications it is a good deal, most of the time (95%) you will not get this far before you ween them out of your sights.It is called due diligence.I could write a whole book on this alone but this is it a nutshell, which really doesn't encompass everything that needs to be done to see if this is a good deal to invest your time into.Time is money and money is time.Don't chase everything you see or do not try the shot gun approach, hoping one sticks...

One problem with MRE's are their high fat content as they are designed to support the military in a war zone.