Looking to expand my portfolio and seeking lenders to partner with to grow my business.  

Some towns have brutal rent control ordinances that can prevent you from increasing your annual rents. 

Is it true that you can increase the price of a home that is offered with seller financing so perhaps this amount offsets the discounted payoff offered by the note buyer or at least this increase may pay all or some of the Realtor's commission?

It appears the units are below market, however with some cosmetic repairs and perhaps some capex's I feel I could increase the rent by at minimum (based on local comps) 68%.I would offer 85% of list and estimated $20,000 in repairs/upgrades (this is probably a generous estimate - the property appears to be in good shape, basically needs a face lift).With all these figures, including the 50% rule, financing with 20% down @ 3.5%, I come out to a profit of $262 per unit and a cash-on-cash return of 9.53%.So, does this seems reasonable?

My question though is that if the most recent property tax is based on the previous sale price, if your purchase price increases dramatically then wouldn't you get a huge spike in taxes?

I am seeking a money partner or lender who deals in commercial properties.

Hello all.I am a newbie  and step one for me is saving for a down payment and practice analyzing deals. However, I think my expectations are out of whack and need input on how I should refocus. My initial strategy was...

I have no problem finding properties and getting in contact with owners of homes but am seeking guidance on where to find a good (legal) Florida contract for wholesaling and assignments.

You will find that increasing the purchase price doesn't result in an increase in rental rates.  

Good call on the money going down the drain while paying rent.Lakewood is a popular city and rental demand is very high, rents are increasing rapidly.Good luck!