If you can withstand the worst case scenarios based on history of the submarket you are in it will give you a better idea of what your assumptions and change to those assumptions can tolerate.

Based on my own experiences I think I'm likely to look at the upstate NY market as my first venture since i know the market the best but that's why I'm here, to learn more. 

Payments should be based off someone with perfect credit and minimal down payment.* As far as cedar park to the north* East as far as the domain* SW as far as steiner ranch hudson bend, etcI can do traditional or fha, no problem.

I'd base my offer around the property's income combined with my demanded rate of return, as well as the comparable sales in the area.

I have chosen a few markets around the USA to begin with including Des Moines, Salt Lake City, and the beautiful Pacific Northwest (I know large area, refining based on potential relocation) to start with but trying not to limit myself at this point.

Also, if a property is sold as-is, it is implied that the seller will not make any adjustments based on the condition of the boiler, roof, etc (but you can certainly try!).

This is where they underwrite the loan based on a number of criteria but not a credit score.

Hi All,I am hoping to learn from others experiences when renting out furnished property near military bases.

I understand the need for cash flow and based on what your have said, it wouldn't be hard to get more.

. ** and yes: I don't know how you are arriving at 50k But go see it: based on comparable sales arrive at an ARV (after repair value): then get the estimated rehab cost from a reliable contractor: Then get the ARV $: times 65% : that will give you X: minus repair cost : and that will equal your offer priceFor example: ARV is $100k : times 65% : or 65k minus 20k in renovations: so your offer will be: $45k You can't lose with this formula.