All Forum Posts by: Raymond B.

Hello Lafi S,

Here is a link to the 50% rule as a guide for rental properties:

http://www.biggerpockets.com/forums/52/topics/18371-help-me-understand-this-deal-and-5-2-rule

Raymond

Tyson,
Welcome to the forum.

I suggest that you spend some time in this forum:

http://www.biggerpockets.com/forums/52-rental-property-questions-landlording-issues

Also, take some time to read this as a guide for rental properties:

http://www.biggerpockets.com/forums/52/topics/18371-help-me-understand-this-deal-and-5-2-rule

Raymond

Count me as a willing participant.

Thank you.

Raymond

Linked for you:

http://www.cbsnews.com/video/watch/?id=7361572n

The video is 14:07 minutes.

Raymond

Hi John,
Castle Bank in Meriden, Ct., was a 2 Branch Bank.
They were bought out, by Naugatuck Savings Bank.
They now have 16 Branches in the State of Ct.

Give them a call, and see if they keep the mortgage notes in house.

I know that Liberty Bank doesn't sell the mortgage notes.

Good luck,
Raymond

Hello Dan,
I suggest that you spend some time reading in The Rental Property Questions & Landlording Issues forum.

http://www.biggerpockets.com/forums/52-rental-property-questions-landlording-issues

This could be a helpful guide for you concerning rentals:
http://www.biggerpockets.com/forums/52/topics/18371-help-me-understand-this-deal-and-5-2-rule

Raymond

Atlanta2011,

I suggest that you spend some time reading this:

http://www.biggerpockets.com/forums/52/topics/18371-help-me-understand-this-deal-and-5-2-rule

Raymond

Welcome back Mike,

I always read your posts, they are quite helpful.

Raymond

Hello Sunil Kumar,

Welcome to the forum.

I suggest that you read about the 50% rule as a guide, concerning rental property.

Here is the link: http://www.biggerpockets.com/forums/52/topics/18371-help-me-understand-this-deal-and-5-2-rule

After reading the above, I would suggest that you forget about purchasing the condo for rental purposes.

Raymond

Hi Steve,
Welcome to the forum.

You will find a lot of great information at this site.

Here is a link that should help you determine your purchase price.
It is also a great guide concerning rental properties.

http://www.biggerpockets.com/forums/52/topics/18371-help-me-understand-this-deal-and-5-2-rule

Raymond