In normal circumstances the unit owner pays the maintenance and upkeep of the unit for the entire year without deriving any benefit.

Information listed with each property including estimated loan balance is derived from sources deemed accurate but we do not guarantee the accuracy of such information.

They do produce people that are motivated to buy and I have the ability to put each bidder against each other in a competitive situation to derive the Highest Price under your terms and conditions.I prefer to stay in the South East, I am in Florida, however I will travel the US for a deal that can be done.I am a professional so, please do not call if you want me to teach you how to do auctions or if you do not control or own the property you are representing.

As long as more then 50% of the entire property's NOI is derived from the residential portion of the property, it is possible to achieve as high as 90% financing (95 CLTV with a seller second).

That is how we derive the 18% annual returns.

When the income is derived simply from buying and selling, especially if there is value added through the process, then that typically will be viewed as conducting a trade or business, and if done on a regular or repeated basis, would have UBIT exposure.So it is not the notes, but the buy, remedy, resell model that create the exposure.

He was stating that the interpretation of that is where the presenter was possibly deriving an incorrect interpretation.

Just in case the seller becomes curious asks how I derived at my numbers.

A non profit means there is no intention to derive a profit for personal uses.

The others , 2% for low rents, 1.5% for higher rents, are derived from that.