The other issue in contrast to multi family is that you pay closing cost on each property which as a percentage of the loan amount typically are much higher than a multi family as a percentage of the loan amount.

Thank you so much for the insight...I had no info to work with for potential sale percentages.

What percentage of your real estate profits should you be putting back into your marketing?

So that percentage would become naturally lower.

The efficacy of a weapon is not correlated to the percentage of people who die from that weapon.

Though it was 25 years ago, that was exactly the circumstances of my first purchase.A large percentage of houses are occupied by the owner.

I look at it as additional monthly income that I would not have but should I be calculating a specific percentage of return in order for it to determine if it is a good investment or is that a personal decision based how much I want to receive?

I then place the house for rent, this is to meet the 24 month requirement to use a percentage of the rental as income and rebalancing my debt to income ratio.

Unlike HUD, there is no set amount of earnest money (though at least $500-1000 is standard), and there is no set percentage under list price that the asset manager will accept -- though for recently listed properties, I rarely see accepted offers under 90% of list price.One thing to keep in mind if you're considering wholesaling Homepath properties -- they will impose a 90 day hold period after purchase during which you can't sell the property for more than 20% above what you purchased it for.

Your operating agreement can also be amended to update who the members/managers are, and their ownership percentage.