Tax rate around here is around 1%...if you purchase the property, the assessed value should equal the purchase price...even if taxes are 2-3% you're looking at 800-1200.

Usually when you're performing rehab equal to 25% of the purchase price, as you would be in this case, you are forcing a lot of equity into a property, so that gives you some options to work with.

With talks of the economy taking off a little but sputtering again office could take another hit from it's small recovery versus other more vital trades.People would like an office outside their house but they do not need it versus a restaurant for example where you need a space to sell to patrons in many cases.

Even if the borrower takes the full 6 months, that equals 27.14%.

This makes the "asking price" equal to 120 months of rent vs. 100 months which is the number the 1% rule is based upon.

The after tax deduction effective rate might be the cheapest money you can borrow.If you do your first purchase effectively you might end up with cash flow equal to your loan payment.

I am in the process of constructing my investment team in the greater Atlanta area and contractors from what I am learning are a vital part of the team.

I lived with someone from China and their cooking smelled equally vile, but didn't damage the place.

The rent doesn't even equal one percent.The only other thing to look at is can you change the value of property such as rezoning or creating a multi-family.

According to the complaint, the employees’ discretion “was exercised in a manner that discriminated against non-­Asian borrowers.”In the complaint, the DOJ asserted various theories for its claim that the seller financier had discriminated against borrowers on the basis of race or national origin, violating the Equal Credit Opportunity Act (ECOA).