I really appreciate it.Originally posted by Sam Sagor:Cash flow and equity are both tools.

Originally posted by Sam Craven:As a newb, I hate that i have to miss this. . .

Sam Sagor I plan to definitely keep you updated, Ive thought NPO, but i need more info on this.

Thanks, Sam, the cash out refi LTV is 75%, according to the Fannie Mae Eligibility Matrix (70% for 2-4 unit properties), so the LTV difference is 5%.The scenario I see is that you buy a SFR foreclosure for 50k that'll rent for $1000, rehab it for 10k, get it appraised at 75k, get the loan for 50k, which is 67% LTV and 83.3% LTC, producing a 35% ROI on your investment, all completed within one month of purchase.

Hi Sam Sagor, I did a quick search in the links section where news articles are posted on BP.

Look at it this way, cashing in $100k means your Uncle Sam will get near $40k and you will only get $60k.

I like what Sam said.

Sam Sagor - It sounds like you do some design work.

Sam, just qualify people on the consistant basis and same qualifications regardless of thier source of money as being reliable.

10 years is the general timeframe to collect on all debts owed to uncle sam.