In those 5 years, Subway has the right to use the space to produce revenue and profits.  

Each unit rents for $950, and the owner pays utilities up to $100 each unit.

Address 999 Barry Rd - VTAcquisition date October 2015Estimated value 300,000 (300k)Mtg balance 240kMtg payment (1675 monthlyProperty taxes monthly (included)HO insurance premium 840 annually (included in mortgage)HOA fees if applicable (n/a)Monthly rent Primary residence but rent 1 room out for 1000 per month with utilities)Address 3014 Mallard DR - ColoradoAcquisition date May of 2013Estimated value 220kMtg balance 175kMtg payment 1150 (month)Property taxes monthly (included)HO insurance premium 2057 (annual)HOA fees if applicable (naMonthly rent 2200 Gross (550 Per Unit)Address 138 Hoffman Dr - PAAcquisition date Jan 2008Estimated value 80kMtg balance 61500Mtg payment 440 (Month)Property taxes monthly (included)HO insurance premium 376 (annual)HOA fees if applicable (n/a)Monthly rent 600Address 918 vickroy Ave - PA 15904Acquisition date October 2015Estimated value 20k ($20,000)Mtg balance (n/a)Mtg payment (n/a)Property taxes monthly (unsure)HO insurance premium $924.15 annualHOA fees if applicable (n/a)Monthly rent (duplex 1 unit 400 per month) (Other unit vacant but rented for 300 per month)

Hi, I'm new to wholesaling, and I wanted to know the best way to find property tax info--I've tried the public record site for Indiana, but apparently I'm not looking in the right place...I can find the property owner's info- but what about the tax or utility info- is that possible? 

Guys & Gals:  ANYONE producing seminars always has something to sell before you leave. 

The decision will be based upon your personal situation and your opportunity cost (i.e. to you have a better use for the amount of funds needed to bring your down payment from 10% to 20% that will produce a better {after tax} return than avoiding the mortgage insurance).If you are purchasing the property as a rental, then your mortgage interest is a business expense and it may make sense to take the high ratio mortgage (10% downpayment) provided the property still cash flows with the extra leverage.If you do elect to go with the 10% downpayment and plan to purchase two properties, discuss this with your mortgage broker / lender first to make certain you will be able to have two high-ratio mortgages.  

My plan is to utilize the BRRRR method to pull out equity for future purchases.

Utilize the tool bar to obtain whatever information you might need.  

We utilize various forms of technology to collaborate seamlessly with our clients and rarely have issues.If you are set on using someone local, search the BP forums for investors local to you and reach out to ask for a referral.

At 93k I can get 10% CoC and $200/month in profit.Here are the numbers as I see them:% Down Payment 20.00%Down Payment $23,800 Remainder of closing costs$5,500.00 Total Due at Signing $29,300 Mortgage Rate 5.00%Length of Mortgage in years 30Monthly Mortgage payment $511.05 Taxes $135.25 Sewer and Water $- Trash $- Heat/Utilities $- HOA $- Cap Ex and Ops $150.00 Insurance $65.42 Mgmt Fee $103.50 Vacancy $93.15 Total Expenses$1,058.37Total Revenue $1,150.00 Cashflow/month $91.63 Cashflow/year $1,099.55 Cash on Cash Return 3.75%