If you decide to go forward, absolutely find a RE attorney to help negotiate your contract, Not review after you've signed it.

.- I will put away 10% for vacancy and 5% for maintenance per month also.Let me know your thoughts on the numbers and what else I can give here to help people review this.Property 2:- 2 - 4 unit buildings (8 total)- asking price $300,000- rents are $530 and it is also 100% occupied.

What you want to do is review the preclosing statement such as the HUD-1 before closing.

Just did a search for Robyn and came up this this review from a BP member

@Jorge PovedaI had my flyer reviewed by a SEC attorney and I send the mailer to people who had lend in the past 12 months.

Hey Guys. I've got a deal I would like some input in. I've got the opportunity to purchase a SFR subject to.

The current loan on the property in about 135k and it is valued at 150k. The payments ...

You apply and your application is reviewed by a board.

She offered to send me a book for review.

If you don't have to bring any cash, documents, etc. to closing then I'd have the title company email a copy of the HUD 1 closing statement for review a day or two before just to make sure all the numbers are right.Assuming that there are no issues during the inspection and closing goes smoothly, have them hold your keys until you get back or mail them to you.

I plan on having a RE Attorney either draft or review the Lender's agreement prior to signing.