It's good news if you are a real investor and floating 40k for 5 months is no big deal to you until you liquidate the asset.The end result for investors is to build that monthly cash-flow, the problem is if you buy the properties with debt then 80%-90% of the cashflow goes toward the loan so your end is small.My plan is to start with a hundred k, do a fix n flip deal and sell, do another and sell then do two at a time and sell both. 

With some N's & Y's below in the column, the only thing I can think it would be abbreviated for is Vacancy??

The best way to incentivize a private lender is to have a property with a wide margin of equity built-in... either through you putting significant skin n the game or by buying well below market. 

@Mohammed Nasser, curious where I find a few hundred tenants like yourself, happy to not only coordinate all repairs AND dig n search every time I say "nope, too much, try again", but to then PAY a per service co-pay!!!!!    

@Megan N Williams welcome and good luck to you guys as well!!

Purchase/Rehab & Cost of HMLA =  Asking Price + Cost of RehabB = % of AP/Rehab HMLC = HMLD = Cash neededE = Point %F = Points $G = Interest Rate %H = Interest/MonthI - # Months for RehabJ = Total Interest CostK - Total Cost HMLL = TOTAL COST Purchase & REHABFORMULAS:  A * B = C; A - C = D;  C * E = F; C * G = H; I * H = J; C + F + J = K;  K + D = LREFINANCE COSTM = After Repair Value (ARV)N = % ARV Maximum Refi LoanO = Max Loan $$P = Int % on LoanQ = Term (Years)R = Monthly Pmt (use any free online amortization calculator for this number)S = 6 months of pmts for HMLT = TOTAL COST RefinanceFORMULAS:  M * N = O;  6 * H = S;  S + REFI Closing Costs = T  Analysis of CostU = Additional Cash NeededV = Cost of Refi Closing %W = Cost of Refi Closing $$X = Total Cost to Buy/Rehab/FinanceY = Net Cost to LoanZ = Positive deal or Negative dealFORMULAS: U + K + W + T = XO - X = YIf "X" > 0, Z = Positive Deal; if "X" < 0, Z = Negative DealThen analyze the cash flow separately This is why I stress the two most important books every REI should go back and read, and be highly proficient in, is Geometry and Algebra. 

Tampa: October 10 & 11The Tampa seminar will be held at the Holiday Inn Westshore, 700 N Westshore Blvd, Tampa, FL 33609.

We do buy-n-hold rentals in both of them, as that is 'what we know' vs notes, lending etc....

I imagine, we are going to see more crackdowns on this common type of fraud with our housing shortage situation.https://www.post-gazette.com/n...

@Bret N.