We are now over two years into the investments and after some evictions here and late payments there, all five homes are filled once again and cash flowing around 700.00/month total.

Total cost $0

3) In another source I read, the author recommended that you put enough properties in each LLC to total $200,000 - $300,000 and pursue a commercial loan using those properties.

I don't care what the ASKING PRICE is - that's totally irrelevant.

This will be about $2800 total monthly expenses which is already what we pay for the current townhome (every month).

I have heard and read from other agents that when they are posting rentals on craig list, scam artists will copy the ad contents and post with their email contact info.

I am looking at a total investment of 260k with its comps being at 500k.

I now examine the ammortization schedules and total interest to be paid... slice the interest into a few sections to show the cash value depending on the different times in the loan payment process, but doing even that I came away with realizing that it doesn't really tell you squat because there are many variables to consider all over the map.

This was a big expense that I totally missed in my due diligence.I'm not trying to be a naysayer.

And if anyone wants to buy a great 2 family that's been totally remodeled on the inside in West Hartford CT - have I got a house for you!