But I'm on the inside, in Baton Rouge, so my two cents is worth more like a dollar fifty.

But that can change, because for just $26,199 I will mentor you through the whole process and only ask that you pay me 40% percent of your future profits...what a deal!

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She said she notices the lowest bid that she gets accepted is usually about 15 percent below list on first listing.

What if a you take a mortgage that puts you at 56 percent DTI, but it is the same monthly payment that you could find the lowest acceptable rent at?

The NOI currently stands at $810($900*.9) - 60 (insurance) - 100(taxes) - $135(15% for repairs/maintenance) = $515cashflow = $515 - $587 = -$72 So yeah, we are bleeding money.I'm sure I can reduce expenses and raise rent to get it in the green, but I think I'll plead my case to the previous owners to drop the interest rate down to 4% which would make it return our investment in my lifetime...

You might get one to do spot checks over the build for one or two per cent of the project for a SFD.Good luck

Using 50 percent rule which is very valid for a low income rental, that doesn't leave a whole lot per month.

If your wanting to buy new and I don't like branding systems, but Amana has a lifetime warranty on there furnaces, AC, and Heat Pumps.

I could see myself starting out at 50% of profit and a determined interest rate on the down payment that they provide.Then maybe as I gain experience I would reduce the percent of the profit that my money partner will get as long as it's projected to still be a really good deal for them.Like I said, I want my partners to all feel like "Wow!