But you have the general idea and that's precisely what a few investor friends of mine are doing.Many real estate agents aren't interested in "nursing" a short sale for months and months, waiting for bank approval.

We have a transaction closing at the end of this month precisely to avoid the additional RMLO "tax" on owner-financed transactions.Going forward the buyer will just have to pay an extra $500 to our RMLO to get it done with the disclosures and such.

This is precisely the behavior that got executory contracts all fouled up in Texas.For more on my thoughts you can visit my BP blog article here:What Is a Lease/Option?

This is precisely how our program works absent the cost to advertise.

And that does make my numbers better than the 50% rule (which, is more precisely the 45-50% rule).Lots of new investors get sucked into this game with the myth of "cash flow = rent - PITI".

(Also, you can never comp a property with precise numbers such as $201K because, ultimately, it is worth what you get for it - it is best to have a ballpark number for ARV and not a number with misleading precision.)In addition, when you sell the house, you will have to pay a variety of costs, including agent commissions, title and escrow charges, etc.

To be more precise, I think that the government will be taking our money and handing it out to the deadbeats!!!

Not to mention that it has to be done with some precision to avoid a problem with fit and finish.Simple answer is what Peter said.Frank

Low income tenants are low income tenants precisely because they consistently make bad decisions.

The current board is down to one person, and the bylaws haven't always been followed precisely, because no one wants to be involved in the HOA.