I purchased the policy through an insurance broker, Moody Insurance Worldwide (301 417-0001).All the best,Wes

Why do you think purchase contracts are so long and have such small print?

Yes, it isn't a contract to purchase, but it is essentially the same.

Purchase price: $685,000 Cash invested: $250,000 This was a cash cow deal made up of an old converted schoolhouse with two other buildings along side it.

Purchase price: $190,000 Cash invested: $25,000 Bought this property using HML, total cash in is actually $87,000 including the down payment and lender fees.

Most of my clients purchase turnkey investment properties in areas like Old North, Merion Village, Southern Orchards, Old Towne East/King-Lincoln Bronzeville, Driving Park, North Linden, North Hilltop, Franklinton, Reynoldsburgh, and Hungarian Village.

I've heard that one should add 10 basis points per year to the purchase cap rate to derive a reversion cap rate.

Been thinking about taking on a personal loan of 50-70k for purchasing power in my Midwest market, the loan would just be for down payments and closing costs on sub 85k SFH / Duplex properties.

He's now planning on purchasing a suite (like Black Eyed Peas) but the return might not be as great the last time we looked at numbers.He obviously enjoys owning since he went and purchased another one years later, and is now looking into a third unit.I'll give you some rough numbers on the smaller unit.

@Joseph Schweizer Congratulations on your new purchase.