Is there a formula you do prior to figuring out to rent or to sell.

When you buy a property from the bank, they will clear all the other liens before they can sell it to you.I too would like to figure out how to buy one-sies directly from a bank.

They will charge you a few hundred.If you mean you want to figure out what a house is worth, then that's something you need to be able to do on your own.

I have a friend who has ten rentals and he told me he figures 10% of gross rents for repairs and that has worked fine.I am going higher than that, that should work since all og the mechanicals, and roof or not very old.

Go figure.

I can't figure out from your posts or the Berkeley University link in your sig line. ;-)You need to see "American Carol".

You'll have to double close.Very difficult to get conventional financing with a double close because the end lender will figure out you (the seller) don't actually own the home.

That would be like watching politics on 24 hour news channels and expecting to figure out what is really going on.

& in the future may not want to deal with you knowing that if they hold out a moment longer the person that you are dealing with will figure out they can deal with the bank directly.

I was simply talking about a software were you can input some figures and it will do the rest (I know how to use the calucator) thank everyone for there input.