This is the wholesale formula that I use in my area ARV x 60% - Repairs = MAO - WP = Offer price.

Should have sent them some free Krispy Creme coupons.

http://mitcre.mit.edu/wp-content/uploads/2014/01/Housing-Supply.pdf

You can find the coupon magazines at Denny's or Mickey D's all along the highways but you often don't need those.The following is a (mostly) true scenario of me at a front desk:allcash: "Hey, what kind of discounts do you offer?"

They collect a coupon and then a % of the appreciation.I guess its a similar(though not exact) model.In the case of the book it sounds like they raise the money up front from investors and they don't get a an equity partner like (Lehman or a HML).

Should I open an escrow account and make the payments out of that...or just send the checks to the mtg company along with the payment coupon?

Today that same meal was $14.99 with a coupon ($17.99 without)!

If you do a search for "vista print coupons", you can find some good ones.

I've tried gifts but it didn't amount to squat, although I have one tenant I bring over free fast-food coupons from the newspaper when I go by to collect rent.

Do this for 2 years and depending on how many 3 month loans you do, you'll return close to the same amount as the first example and just clip the coupons for the 2 years.