Remember you want to cover obligations day 1.

(those in this area most likely know which company) The job really only covers the bills, which is nice, but I'm ready for something "more", you know?

That way I've got all parts of the deals covered!

Just make sure you can cover two payments with your rent or that you are ok making up the difference until it is paid off (as long as it isn't much).Good luck!

When you are closing on a purchase of an apartment complex, who generally pays the broker's commission - the seller, or the buyer is expected to cover some of the cost as well?

Who needs 10K, someone who has little in financial horse power, what is thier ability to cover that with limited resources?

If a property was properly acquired such that purchase+rehab is no more than 70% of exit price, then there is PLENTY of margin to cover the extra 3% to the HM lender.

(totally not worried about that but want to be covered, just in case).Lastly, does that sound right about the insurance?

What are the annual property taxes, who pays the utilities (water is usually handled by the HOA, but not always), and does the HOA have adequate reserves to cover major repairs like roof replacements and street resurfacing?

Some of our members will place them on the chain link fences that surround construction sites, which seem to remain for longer.We're covering WHOLESALING tomorrow evening www.MassRealEstate.net I'll pose this question if we have time and send you the results.Thanks, Mike