Right now if you get with a good experience Loan officer it shouldn't take more than 21 days after you recieve the appraisal to close on any type of conventional or Government loan.If you're looking for cash out and the loan amount is lower than 75K I can't help you but a local bank will be your best bet Daniel.

Neither hoarder house owner has called on my direct mail pieces, but I bet they still have my letters somewhere.

Shaun Reilly,Those 3k miles would be deductible; however, the best bet is that the corp reimburses those miles to the OP.General expenses are different than specific expenses.

.- If you want to be really slick and know if the property is a good deal, pretend you are renting out both sides and calculate your cap rate and cash-on-cash return.

Your best bet is networking!

@Morgan Smith You cannot calculate a rate of return on a property where you make no investment.

I bet he/she says, no, not really.

. *** Utilize 80% of the ARV in your calculations.2.Establish Days on Market through market research.3.From that – subtract repair costs4.From that – subtract finance charges5.From that – subtract holding costs6.From that – subtract RE commissionsWhat is left with is what I can pay.

Sit down with a calculator and do some basic math.

Is so, how did you calculate ARV?