Also, the escrowed amount for repairs is nice, but on a cash deal, that goes away, so remember to negotiate a lower offer in a cash deal when repair escrows are offered.Even then, when your bid is accepted in an O/O deal, you (the buyer, more specifically) is responsible for all costs to dewinterize/rewinterize, and turn on utilities for inspections.

Hi, I'm a new investor and still gathering info before getting my feet wet.my goal is to generate a positive cashflow, while hoping that the property also increase in value (not a big jump, but at least on par with inflation).from the get go,my mind was set on a single family home or a duplex.. until recently someone mention that a condo might be a better investment for greater positive cashflow.With condo, there's a condo fee but the price will be lower, and I don't have to maintain any lawn or replace a roof..I'm trying to figure out if Condo is the way to go.here's my current analysis of a Single home vs Condo:Single home: Price $160K, tax 3600, ins 700. 20% down at 4.25% interest. it can be rented out for 1500/monthCondo: Price $45K, tax 1800, ins 350. will buy in cash. can be rented 500-600/month.

If you're only going to own the property for a couple of months, then a higher interest/lower monthly payment loan would be what I would suggest.However, If you're buying equity with the hope of seeing a larger payday further down the road, then you'd want a lower-interest conventional financing loan that you can pay principal down on as quickly as possible, but at that point, you're a buy-and-hold investor and not a flipper.Honestly, the best thing to invest in is education.

Other lenders have lower rates but they never close.

I ended up speaking with the mayor she informed me that after they started sending all linndale's speed trap victims to parma court (giving linndale a way lower % of the money) linndale's one building inspection employee quit so there was no longer longer a p.o.s.

I think you will find NOI is lower than stated and there will be some immediate capex.

They're going to turn over every year and you may have a month or two of regular vacancy if the school has lower enrollment during the summer.

It took about a month to rent out both upper and lower.

It is about 1680 Square feet finished (840 per side), side x side (mirror image), 2 bed, 1 bath duplex with separate everything (Gas/Electric/entries/laundry), a 2 car garage w/ 1 extra off-street space, big back yard, great views of the park, and in a phenomenal location.

It seems most reviews are from installers who bash entry level windows because, well, they of course prefer high end windows and why would they care about cost?