I'd totally stay there. 

And I totally agree — sometimes we make exceptions thinking it’ll be fine, but those exceptions usually remind us why we have our rules in the first place!

Also, per their numbers they are buying for 37 mil, debt 24 mil, equity 20 mil, 44mil minus 37 price = 7 million in closing costs, which is 35% of the total equity, RE commissions of say 4% total 1.5 mil so they are taking 5.5 million in fees up front as well minus the inspections/loan fees etc.

I participated in 3 syndication deals total investment around $250K.

.• $60k purchase• $35k rehab• $95k total rehab loan payoff• 15% deposit = $14,250 "down payment"• $126k ARV (confirmed via refinance appraisal, borrower expected this to be higher)• 80% rate/term refinance ($100,800 loan) @ 6.75% [700-719 FICO]• Applied $4k of deposit to payoff for an updated payoff amount of $91k• Cover closing costs with 80% r/t refi + $2k back to borrower at closing (still considered a r/t refi if under $2k) + remaining $10,250 deposit reimbursed after payoff = $12,250 total back to borrower• $4k of his deposit + closing costs for rehab loan = his "cash" in the deal• $1,250 market rents• Total PITI = $765.62• DSCR = 1.6327 I do not see the hold costs.  

Totally MIA. 

It is crucial to consider various factors to ensure accurate projections.These factors include the total loan amount, interest rate, whether the rate will be fixed or floating over the loan term, the amortization period, the loan term, and the availability of interest-only periods or future funding.

This county is stating that the starting auction amount can only include the principal amount of the certificates which we have paid over the last 4 years, but cannot include the accrued interest or the auction fee the County charges investors to start the process (which total ~$4,000 in this case). 

Hey All,Here is an update on the Allegheny County real estate market for the past 7 days (data pulled from the West Penn MLS)Total price reductions went up to 737, compared to this year's average of 390Number of expired listings went up to 229, compared to this year's average of 117Sales price to list price ratio is 97.61%, compared to this year's average of 98.34%Average sales price is up 13% compared to this year's average Listings sold in the last 7 days are up 17% over this time last yearAverage days on market is 41, staying around the average of 43 for the yearOverall, we saw a market correction from the previous week for total new listings, pending listings, and sold listings.

Utilizing my Mortgage Loan Amortization Schedule tool: A $250k Loan, $3k annual property tax, $1,500 insurance: - 30yr at 7.5% = total monthly payment of: $2,123.04- 40yr at 8.0% = total monthly payment of: $2,020.18- 50yr at 8.5% = total monthly payment of: $1,975.58The sum total monthly difference on 50yr vs 30yr, using a reasonable conservative assumption of 1% difference in rate is $147.46 per month.....