I always think of it as the return on investment you would get if you paid cash for the property.Cap rates come from comps.

However, in their counteroffer, they ask that we use their lawyer for closing, and in return they will pay the $2000 title insurance.

you may want to talk to other investors in your area that have been doing it and learn from them. be sure to create a plan that you either type in word or write down and stick to it. best advice that was given to me was read all about investing then decide where you would like to start and surround yourself with people that have done it before. once u find what type of investing you want to do then create a plan and follow it. make sure the plan is flexible too there are bumps along the road for us newbies as we experience the world of real estate in different markets and areas of the untied states. in my opinion the most important thing is knowing your return on investment (ROI). if you're looking for cashflow maybe renting is your alley. if your looking for short return maybe wholesaling. there are many ways to invest. i suggest read them all and make your choice...

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How do you guys/girls recommend I go about finding a lender?

Hmmm - Oddly enough (knock on wood) that is one area I have never had a problem - grass is cut - snow is shovled (where it snows) etc...do they put in Hmmm - Oddly enough (knock on wood) that is one area I have never had a problem - grass is cut - snow is shoveled (where it snows) etc...do they put in flowers and improve it - not really - but I don't have any of that in there anyway - I can say that the landscaping is really always returned in the same condition...I don't have any special language - I just have a clause that states they are responsible for the maintenance of the landscaping and it will be returned in the condition it was given and there are photos and a move-in check list........flowers and improve it - not really - but I don't have any of that in there anyway - I can say that the landscaping is really always returned in the same condition...I don't have any special language - I just have a clause that states they are responsible for the maintance of the landscaping and it will be reutrned in the condition it was given and there are photos........

Here are some specifics:90% financing2-4 units, cheap market 100k about per property.Will hire property managerprefer not doing fixers from out of state.Me: I own one duplex with some equity, have experience working as a mortgage broker, and minor experience with property management, but am all new to purchasing for long term investment purposes.Do you think I can find properties which will return 20% cash on cash with 90% financing?

:crying: She is about to move out of her apartment after over 3 years, and her landlord has told her that she has no chance of getting her full security deposit back.She will be returning the apartment in pristine condition.

And yet, I return here again :)I think what I would be most interested in is flipping fixer-uppers.

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