In some states the process is closer to 21 days in total.

Originally posted by "**********":80% deal: 800K ARV640K purchace price 40k up grades needed for 800k sale 30k hold and sell costs710k total costs 90k profit 60 days-not bad!

The house is just a part of the total estate.

My wife is totally different in her approach to sellers.

My other debts total about $5,000.

The mortgage is 411k and equity is 104k for a total of 515k.Why are you looking to pay so much?

Most have an acceleration clause or are worded to say "lease term is one year for a total of $12,000 due in monthly payments."

I'm totally delighted with all the information that I have seen here.I am presently based in California but will be moving back home (Chicago) next year.

Asking 350k 12 unitsScheduled Gross Income: $72,000Vacancy (5%):$3600Effective Gross Income: $68400 Maintenance: $7200 Taxes: $12,600 Insurance: $1,200 Other Expenses: $10,600 Total Expenses: $35,200Net Operating Income: $36,800/12=3066.66350k@8% for 20 years=$2,927.54balance=139.12/12=11.59 per unit not stellar by any means, but in the black.

So, if your total cost is $125K and the repaired value is $190, you could probably get 90% of the $125K.