The end buyer is paying $55,000 total, $50,000 to the seller under contract, and $5,000 fee for the right to buy the house under contract.

Im looking for the homes that are possible total rehabs, but are selling for LOW?

That score is then added to a running total that's kept through the year.By their third or 9-month inspection, we let them know that if they continue to maintain the high scores through their anniversary date (lease renewal time) they will get to pick an item from a list of gifts as an anniversary gift.

Check this out: Loan Amount: $150,000 Annual Interest Rate: 8% Loan Period in Years: 30 Scheduled Monthly Payment: $1,100.65 Scheduled Number of Payments: 360 Total Interest Expense: $246,232.87 Rent Schedule for the next 13 years ($100 over mortgage payment plus 5% annual increase): 1 $1,200.65 2 $1,260.68 3 $1,323.71 4 $1,389.90 5 $1,459.39 6 $1,532.36 7 $1,608.98 8 $1,689.43 9 $1,773.90 10 $1,862.60 11 $1,955.73 12 $2,053.51 13 $2,156.19 If I apply every extra dollar to principal I will pay off the mortgage in 13 years or 156 payments and pay only $105,127.30 in interest expense...this is a savings of $141,105.57 in interest expense.

They are looking to raise 10-20million.Each smaller LLC brings a min of 5 shares valued at a total of $250k (50k each)I cant find the Hippoze Bulk Investments LLC listed anywherenot even at http://kepler.ss.ca.gov/ which is supposed to be current as of 2/29/08The LLC Hippoze is however founded by a local reputable respected Agent.He will make decisions on which properties to purchase.Somehow though this just doesn't feel right even if it is friends, I will have my accountant look at it but so far there is no real business plan just a question and answer sheet and a few meetings.

You're going into a great sounding career so total income won't be a huge issue at this point.

Total cost 50kRefi after it is tenanted ( appraisal comes back around $100k ) I do all commercial loans so my LTV is 70% which mean roughly I will pull out $67k ( 3k closing costs ) which is an increase of my original cash by 17k.

I own my own single family in N Buffalo, so I'm not a total virgin...just new to rental market.Thanks,Max

I just read in the REO forum, and I'm totally confused.

My partner is a full time wholesaler says he thinks they could sell for 20 a piece rented out.)The deal is 3 row houses for 30k total.