I'm hoping to apply the "Buy, Repair, Refinance & Rent" method using a 203K.Anyone have any rough figures for professionally done abatement of mold in the Mid-Atlantic area?

If going the incorporation route and individual partners may have different timing needs for taking earnings, etc, I would recommend using a separate series of shares for each shareowner.

After using a 10-pound sledge hammer for way too long trying to remove the cinderblocks, re-bar and anchor cement, I thought "There must be a better option!"

In fact, my sister-in-law -- who makes a lot of money and had lots of financing options -- bought an expensive duplex in a nice part of Buffalo using a NACA loan...no money down and an interest rate below 2% (used seller contributions to buy down the rate).

I agree with you that using a made-up cap rate to determine value is often worthless (since it's nearly impossible to accurately assess cap rate for an area), but doing the opposite -- using value to determine cap rate (which is the same thing as cash-on-cash return for a cash purchase) -- is tremendously valuable.Why do you think figuring out cash-on-cash return a waste of time?

Doll it up by using a Podio integrated service like gravity form, register a catchy URL that people can recall quickly and forward it to Webform.

My last client used hard money and it looked something like thisClient decided to make an offer and offer was accepted/ it was stated in the contract that he would be using a hard money loan.

The more significant factor is using a lender who is investor-friendly.

It is sometimes a double entry but is much more efficient than using a spreadsheet (I am very excel savvy so that is a lot said by me).

We bought our first rental property using a HELOC, which we have paid back half of.We haven't decided if we want to self finance the next purchase or get a bank involved.Cheers!