Can I hold them liable for the repairs.

Example is huge repairs, bad neighborhood, huge decline in market value.See if you can meet some buyers that might be interested, and negotiate the short for them if you have the expertise.

ask and ye shall receive ) My bid at 45% of ARV ( minor repairs of fresh paint and clean carpets ) was approved...

Here are the details:The Asking price is $229,900Taxes are $6595.00Apt 1 - Lr, Eik, 2 Br, Fbth (Average Rent - $1200 - $1400)Apt 2 - Lr, Eik, Br, Fbth (Average Rent - $700 - $900)Bank wants buyer to pay transfer tax.I have no estimate on repair costs since I haven't actually seen it or had an inspection.

You should be able to find a HML who will go 60% of ARV (after repaired value), maybe a little higher.

Propping up home values with techniques like loan modifications will prolong our pain worse than you can imagine.

I do not believe the historically employed techniques for acquiring wealth will be as successful as things that meet the need of the "global" community,and further that we have a very, very long recovery in the US financial markets.

I thought it was a good overview for one who is not familar with multi units and their financing.I have never been to the boot camp, but have spoken to more than one investor who said they benefited particularly from the creative techniques covered at the bootcamp.All in all, Dave's home study is course is a good beginning and overview of multi unit investing.

Lawsuits, statements at city council, letters to the editor, demonstrations, protests, newspaper articles, etc are all effective techniques.

Hello all,I normally do single fam, so I wanted a quick hand with numbers on a deal I'm considering.Location and repairs aside, strictly by numbers, what do you guys make of this deal:Single house, 3 fam:- 2 bed/1 bath- 2 bed/1 bath- 2 bed/1 bath- 2 car garage- separate metersTotal rent is $2,500.Monthly taxes are $320What would be a good estimate for monthly expenses (50% rule??)