The government has a program in place that covers 70% of the housing costs for approved migrants, leaving the migrants to cover the remaining 30%.

If the qualifying criteria and equity are there, you can roll in your closing costs.

The rest of the insurance is all replacement cost.

Normal W2 employees get into this business hoping to make thousands in one phone call after receiving some courses from these wholesale "GURUS". 

Vacancy is costly and while there is no way to guarantee one tenant is going to stay longer than another, talking to people and learning a little about their life and situation should give you some clues as to how long they might stay in your place.The probability of you getting a home-run tenant right off the bat is pretty low. 

These will be a $85,000 distressed property with a $102,000 Rehabbing cost and they after repair value would be $255,000. 

They are currently in stage 3 of the development and are offering 10k incentives Builder and 2% Seller(towards buying down the interest or closing cost), home comes with warranty and appliances. 

I was just under contract for a duplex that needed 2 repairs prior to closing that would have cost in the $7500-10,000 range.

I would like to express my gratitude to Jack and Russel, who have been gracious with their time and provided valuable guidance related to the DC Metro area.My Strategy:- Invest in rental properties below $400K with a Cash on Cash return of over 6% and an ROI of 7%- Consider flipping opportunities for properties costing more than $500K with an ROI of 7% or higher- Prefer to stay in the DC metro area but i understand that its a tough market for investors.

One San Leandro landlord is owed $132,000 in back rent and in Oakland you can't discriminate against rental applicants with a criminal back ground (except sex offenders) and several stories of non-paying tenants which took thousands in legal fees to evict in Oakland.