The average wholesale property near them can be purchased 70% to 75% below market value from as little as $25K FSBO(of course an investor is going to want a nice amount more even for a shell).

While any particular unit may do somewhat better than 50% and some can do much, much worse, that average is well supported by those large datasets.

With 5 houses with loans, you'd be getting roughly 400/month in principal paydown.With one house, you'll be getting roughly 2 or 3% appreciation (if you figure the historical average).

While they make a great product to sell as a canned beginner scheme, they really aren't a beginner strategy while being ethical, compliant and get to a successful closing. :)

If I can find a partner to sign for the mortgage she will sell for 25K.The Deal:2 bedroom 1 bath SFHAssessed in 2013 at 51KRents in the area average $750-$850 for a 2/1Taxes - $1900No structural or mechanical issuesNeeds carpet and maybe paint.

in-place generally is the current, cap rates are yield driven over time, stabilized is an average over time, the NOI average over ten years provides a stabelized cap rate of 9%. :)

on a property for repairs and maintenance, if done by myself, how much should I expect on average monthly?

I almost couldn't believe that Lindsey Jean would associate with people like that but as her "mentor" says, you are the average of the 5 people you hang out with the most and it should tell you a lot knowing that she has anything to do with Marco.

Very cool that you offered to answer questions...My question is this....If I want to buy a rental property for 100,000, conventional loan, I would need 20% down, how much extra do I need in my account after the 20,000 down for the lender to feel comfortable on average?

Hey Christina,According to ConsumerReports.org, the national average cost of a bathroom remodel is $16000, so say $20k with a $4k fudge-factor when engineering your deal (I always round up to the next $5000 when planning.