With that in mind we're going to try out a new concept for our forums, contests:[b]Welcome New Members Contest[/b]Contest Rules:1.

With that in mind we're going to try out a new concept for our forums, contests:[b]Welcome New Members Contest[/b]Contest Rules:1.

Maybe I shouldn't say that I couldn't grasp it, but rather I really didn't like the concepts of creative financing.

If you’re familiar with present value concepts, you can use them to determine the maximum loan that the amount will support. 6.

Edward,So, given Mike's analysis at the start of the thread:Originally posted by "MikeOH":Gross rents: $3,300 per monthOperating Expenses: $1,650 per monthNOI: $1,650Mortgage: ($255K, 30 year, 8%) $1,870 Monthly Cash flow: $220 LOSS OUCH!

It has been a terrific learning experience and I'm sold on the concept.

Am nearly finished reading this book and thought I'd post just to bump it up again.It has been a very enjoyable read, and argues some core concepts about how we spend out time.

I am a newbie to REI, but I feel I have a great understanding of several REI concepts.

There is the concept of diminishing returns.

This will be my first REO offer and I'm completely new to this concept.