Here’s a story that illustrates this point perfectly.A few years ago, Dylan, one of our team members, was at home on Christmas morning with his family when the phone rang.

These properties are in the B to A class range, 2002 built so this is the first time needing an AC system replacement.I am curious what everyones thoughts are here, would you go with the nicer system since you will have the property long-term, or is the $1,000 cost difference too steep for you?

For buyers, down payments range from 20-30% and adjustable rates are generally about 75-100 basis points higher than a traditional mortgage (no fixed available).http://www.vacation-finance.com/index.htmhttp://www.dotcomdesignstudio.com/gallery/patrickmorrissey/fractionalfinancing.htmhttp://www.firstfractionalfunding.com/

If I show all my assets now that equal a down payment to get the ball rolling and start shopping for properties in my price range, but plan on using income I will receive over the next few months as a down payment could that work.

What price range, number of units did you have in mind?

Most of the deals I’m doing today are in the $80k-$90k range, with rents between $1,200-$1,300, which gives a rent-to-price ratio of around 1.3-1.5%.

If you are spending 325K on buying and 200K on rehab all in you are at 525K, you'd ideally need the ARV into the 600/700K range to give cushion and room since I would assume you would do a refi at the end.

In your case, based on your assumptions, you’d reach around 384k, which is in the right range.

When you list your rental property, it’s important to set the price within the market range.

Whether you target higher-end areas like Midtown or more affordable neighborhoods like Frayser, there are opportunities to succeed in every price range.