Imagination and creativity with your searches will find it, but just ask everyone here first and then try the searches if you still are uncertain.With all being equal between your newly found "Comps."

You both are putting in equal amounts of capital, but you have more opportunity cost involved.

I'm a new investor in the Philadelphia market,with basic knowledge and understanding of how commercial real estate investing and syndicating works.The dilemma:While educating myself I came across two opposing beliefs of where to start my investing career that made equal sense.1st.

Equal Housing Lender.

Look at other similar houses for sale that will be your competition, particularly those that would've been your competition that have sold. one up those to stand out or at least copy off them to be at least equal.

So $510,000 minus purchase price minus rehab and closing equals NOTHING.

In the last two cases the bank decides on the price.If market rent is $400 less than the mortgage you could borrow no more than about $100,000 for a mortgage to equal rent.

I believe the non-refundable deposit is a vital tool to weed out investors who are not serious about the property or investing at all.

In the Future, when someone decides to sell, the LLC will need to be in Good Standing, so if you miss any annual payments and have to reinstate, your gonna have to add even more in penalties, etc to the $300.00 for any year(s) that were missed.2) More a Important, In Maryland, the title companies have to withhold an amount equal to 6% of the purchase price if the owner is either an our of state resident, or if held in an LLC, if it's an out of state LLC.

Which will make it equally difficult, at the very minimum.