If they accept then I get them a contract with that price ASAP, either by delivering it to them or by fax or computer.4.

Why not put it into an investment that is secured by income-producing real estate, partially guaranteed and that will deliver a high level of monthly cash flow (12% starting cash-on-cash return) and deliver a 50% return in two years?

Duplex units are going to deliver a better COC and cash flow position, no question.

No...there are labor costs in the tearoff (most physically demanding part of the job) and the upfront costs of the ordered shingles that are delivered on-site at your property in addition to dumpster rental that is charged at a higher rate because the weight of shingles only allow 1/2 a dumpster to be filled and the costs of laying down the tar paper immediately after the tearoff is complete as you can not just leave sheathing exposed to the elements while you wait for the next check.With 1/3 upfront, the truth is the contractor is out of pocket by day 2.

So we do not deliver the actual check until the offers is accepted.I think the bigger problem with the strategy you mentioned is you will have a hard time changing the name on the purchase contract once they accept your offer.

I suppose I would be conserned if I had a vacant property that I couldn't check on often.http://www.foxnews.com/wires/2008Dec01/0,4670,ForeclosureSquatting,00.htmlMiami activist moves people into foreclosed housesMonday, December 01, 2008By TAMARA LUSH, Associated Press WriterMIAMI — Max Rameau delivers his sales pitch like a pro.

If they went with a lower rate you'd pay more discount points; if they went with a higher rate (which is probably not availabl) then you'd you get less points.The big issue is if the Wells rep realizes that there is no seasoning for this and can they really deliver a cash out loan.

Oh he went the Dan Kennedy route to get his product out there, but once you become a member, his delivery is sober and serious--not the pixy dust delivered by most seminar junket guys.Another exception to the rule is Mike Cantu, who had to be dragged to the podium to talk about how he achieved 38 free and clear SFRs.

Chevis, hook up with a title company to get daily leads delivered right to your email...

If you do so, the collected rent plus collected utilities, less actual utilities due, will be delivered to youa.