A bunch of people from NYC are going this year, myself including, most are already doing deals or looking to start ASAP.

Yes, I am fronting all costs, including material, so I am taking on all the risk.

Make sure you add an addendum to include special terms, including a complete right to assign the contract to a 3rd party.2.

But overall the project cost me about 81000 including the purchase, holding and rehab costs. 

There is language and my ex wife's signature in the mortgage paper ,that my father insisted to be included , that she holds no rights to the property. 

My name is Valerie Kester and while I have bought and sold several personal residences (including landlording)  I am brand new to the investing side of real estate. 

View report *This link comes directly from our calculators, based on information input by the member who posted.Hi Everyone, I've been working on my analysis of properties including multi-family properties as I want to start with them over single family homes.

If you PM me, I'd be happy to give you the name of a few local lending attorneys that could give you advice better than anything you'll receive here, including from me.

Based off the P&L, the potential income when fully rented out is about $248k/year but the last couple years his income was around $230-235k including charging $75/month to each tenant for water and trash.

But I should have included that the actually owner is deceased and the heirs are trying to sell it.