This is assuming that all of your paperwork is in order when submitting it to your Lender.Why so fast?

Just assume that the more work there is to be done the more the investor is going to have to put his money at risk the more profit they are going to require.

I'm assuming you've figured out your financing for this project by now.

My question is this - assuming you close escrow timely, what is the big deal about the down payment?

I was assuming that this guy had some kind of money coming in other than JUST 200 bucks.

I know the basics of real estate (I suppose) and was interested in investing at one point in time but a bad transaction will make one lose interest really fast...I might be getting over it.Anyway, I am just asking because I've seen places for $1k to one million and I would assume that the price listed is the "purchase price" plus paying for closing?

Assuming the inspection does not turn up any unforseen suprises, is the deal sweet enough after rehab that you might be able to fatten your war chest 5k, by flipping the property to a rehabber without doing any rehab yourself?

People know .com and often times only read the main domain name (automatically assuming it starts with www and ends with .com).If you do decide to use your name in the address, I usually tell people to be careful of words ending in an 's'.

I assume this is 26 rather similar units, so that would (I think) be $375/month * 26 units = $9,750/month rent.

Your data list might look a little like this: Sale #1 = $150,000 House #1 for sale lists = $165,000 Sale #2 = $140,000 House #2 for sale lists = $160,000 Sale #3 = $145,000 House #3 for sale lists = $158,000 Sale #4 = $152,000 House #4 for sale lists = $165,000Now, assuming that you had no other information in regards to the housing market in ABC Subdivision, it would be reasonable to conclude that you could list the house, that you are looking at buying, in the range of $160,000 to $165,000 and could reasonably expect to sell the house in the range of $140,000 to $150,000.