Divide those numbers by .965 for your max purchase price w/ 3.5% down, $648,186 in the example of a 1 unit.But if that realtor is accurate, and no one accepts those offers, then it's simply not relevant to your market and that is that.

A very wise man recently told me two things that are relevent here.If you negotiate with yourself you will lose every time.AndAs an investor, if you are find yourself with multiple essentially equivalent investment possibilities, it should not matter to you which one you buy.

If I was to use the $2900 in property 1 my ratio would be ($5000+1500+4000+2900)/50000 or a ratio of 26.8%So I guess my arguement is that with higher rents the operating expense ratio becomes less relevant and mortgage rates and purchase price become more relevant.

Although I live in Ontario Canada, I would think that this question is relevant on both sides of the border.

Lots of relevant discussion there.

I believe they are still relevant to your situation.Best of luck.

Since I don’t have any money, my guess is that I would have to deal with a private lender, but I’m not sure if any private lenders would let me finance a foreclose property to flip and I might be missing out on some other details that might be relevant to this situation too.Now that you heard my spill.

While NAR does a lot of tremendous things as an association representing homeowners and promoting home ownership, and it's members are, I believe, temendous as a group (so don't think I'm negative overall, this is just one aspect relevant to this discussion), the admission fee to being an agent is relatively low.

Tracy does a very good job IMO of keeping the content relevant and holds monthly meetings to talk about the latest tips and techniques in the industry.

Luckily there is no shortage of books on either subject, but it is finding relevant information.