http://finance.yahoo.com/news/foreclosures-draw-private-equity-u-150127753.htmlmost of you probably already heard of this in the past months and it looks like it's going to happen pretty soon. as a newbie in REI, I'd like to hear what the experienced player's opinion on this. couple of questions I can think of. 1.

With $16,500 in gross anual rents, your 2% rule value would be $68k which should yield you a nice flip profit.Looks like there are some things to consider here.As to the cash out refi - how about a private investor looking for better returns than 1% in their CD account?

Look for the major Private Equity/REIT players to announce BIG Residential REO take downs over the next few months.

I soon learned that in order for a neighborhood to be revitalized, eventually all of the players - residents, businesses and ESPECIALLY the local government - will need to be on board.IMO, you can tackle this from two angles:Pull together the local government, businesses and Investors (don't try and go this alone.

For this year, I decided to use my spreadsheets of previous years results, to pick off a few select certificates on really nice properties in the Sedona area.I knew this meant my interest rates would be on the lower end, but still better than savings accounts, CD's, and Money Market funds.

The report came in a booklet with a CD of all pics taken.

Andres,It seems that you may be far better off looking for a private investor that wants to make 6-8% on money they currently have sitting in a lame CD or IRA making squat.

I did a quick search on a mortgage forum I belong to for HELOCS and both TD and US bank showed up as players.

Do we really want the government intervening in the market and favoring some players over others?

Depending on the place being a new landlord isn't a passive activity at all.True you might be getting 1% or less in a CD or bank account now and you don't get depreciation like with real estate but you can easily beat those numbers.If you have a few hundred k or more I would say triple net it a great route as you can hit a 6% to 10% cap and not do anything but collect a check.