How much should you give a seller for "Option Consideration"? Some legal sources state that it takes only $1.Some guru's say you don't need any money and some say they give the seller $100.What do you give the seller ...

With all of the new regulations since the mortgage crisis, what kind of down payment is required for a conventional loan to buy your first investment property?

Few questions here.1. How many Loans will a bank Lend you?2. Better to use loans from the bank thank Cash?

I'm a newbie working on my first deal. Looking at a duplex that is 2Br/1Ba. Craigslist yields $625 for a comparable unit in a stand alone duplex up to $775 for one with a fireplace and basement. Units in complexes in ...

Forgive me if this is a stupid question, but I’ve looked all over online and can’t the specific answer.

I know banks have minimum loan amounts they will do. Is that minimum the purchase price, or is it the actual de...

What is a good percentage to take out of the rental property income for maintenance?

Hey Gang,I am looking through some numbers this afternoon and seeing what properties I could possibly afford. The average price of apartments, based on a quick scan of zillow, in Albany, ranged between 150,000-200,000...

I have found a reo property that I am very interested in. Like all others it is not in pristine condition. At first this house will be my residence, but will eventually be turned for a profit. My question is this , th...

I am looking to purchase an REO currently listed at $314k. The house needs some work - approx $60k to get it into good shape. Once completed the house should be worth about $370. I plan on living in this house for...

What would be a min. amount you want to cashflow on a SFH for a buy and hold property?  Also what is an ideal range to shoot for?