Because that's 96 cents an hour, not including any return on the capital you put up

As other have said, read the forums, listen to the Podcasts and read the blogs.I would also recommend the local REIA - www.digonline.orgIn fact, this Thurs evening there is a large exhibit being held by the REIA where there will be over 65 vendors including lenders.

Upside: I keep the liquid for other things if needed, including paying the loan off if the interest rate suddenly goes ballistic in 5 years.OR: should I drop $30K into the house, and finance $60?

Just be sure to include that the buyer is responsible for closing costs in your agreement.

The first property I bought had 3 offers including mine.  

Emphasis in operations include: repetitive, methodical process; unsolicited direct mail campaigning; forced value generation; off-MLS marketing; market arbitrage; options, and creative Seller financing.

If so, I am including these numbers twice...Best Regards,Hans Wold

"The Book on Rental Property Investing" by Brandon Turner Chapter-by-chapter Q&A BoardCHAPTER 1 - Why I love Rental PropertiesPlease include page numbers in all comments for reference.

Other downsides, heater is oil heat, and no central AC (just small window unit), large yard is very overgrown with Himalayan blackberry bushes, and no garage (converted garage to living room space).Upsides: decent condition wood flooring in bedrooms and about half of the living space area, newer vinyl windows in most of the house, outside siding in great shape, roof looks to be in good shape, and the most important upside is the neighborhood, excellent area.FinancialsThere are already multiple offers on the property and they are accepting offers until Monday morning.  

Typically we get 35-55 attendees including a number who frequent BP.