Basically, lenders adjust rates for things they believe to be risk factors.

So basically there was no market left here in Charlotte, NC.

You're basically taking a full time job working for somebody else.

I m basically a newbie with some cash looking to put it in the right market.

Hey BP, although I can basically generalize that I could flip any property within 2-4 weeks, I am crippled by the unknown of selling.

(This concept of replacement cost)  On a unit with an ARV of something around 400k, why is replacement cost 1M?  

Hello everyone, I'm hoping I can get some good advice here as well as help with understanding the basics and creating a plan.  

The courses i have give me the basics but aren't going to help in the real world.

They basically agree with me that it needs to be vented when getting showers, and that it needs to be cleaned regularly.

Basically what I am saying is this (and I will use general #'s because in am not near a computer:):$100k purchase priceYou are required to put 25% down if 100% rental (if you are living there, you have so many more options)So $25k down.You are financing $75k.Let's say your payment (taxes, Piti, insurance) is equal to $750, your minimum income would need to be $1,000/mo.