You should also be factoring in maintenance, capital expenditures, vacancy, applicable utilities, and typically property management.

Can I do 10% for a year or two and then refinance into a more typical 25% down 25 year loan that I read about?

Auctions typically say "cash only" but what they really mean is "no conventional mortgages" (you would not be able to get a conventional mortgage on a flip house anyway).

Typical service call is 60Bucks for me.

In my smaller commercial deals yes I did get the tax return schedule E (bank typically request it too), but on larger deals Sellers declined to provide it and broker said that's fairly common. 

How much time do you typically take to do a make ready?

Services Borrower Did Not Shop For $54,875.00 $35.00 01Credit Report Fee to Investor Lending USA $50,335.00 02 Escrow for Construction to Investor Lending USA $10.00 03Flood Cert Fee to Investor Lending USA $3,500.00 04Lender Fee to Investor Lending USA $995.00 05 Processing Fee to Investor Lending USA C.

These are typical types of home sales that you may have to purchase to get the right deals, so you want to make sure your agent is comfortable working with them. 5.

Remember that someone experienced makes LESS MONEY on referrals typically because they already have tons of business.Some brokers/agents do not have time for any referrals.

I guess the con is there is typically more space throughout so turn costs will be higher.