I would throw out some names as examples, but I don't want to go triggering the name alerts.

If buyer was looking for a property like mine, they may wait until Friday to pull the trigger if they see that this one has been completely remodeled, etc.Normally I would be in such a hurry, but once Christmas rolls around, we're looking till after new year until buyers potentially start looking again.

Lastly, I have analyzed a few deals and considered getting into some, but haven't pulled the trigger yet.My main goal - first year - is to net a gain of $3000 a month in cash flow.

. - did you pull the trigger on buying in Houston?

Or would trigger cloud?

I've been reading about land trusts and it seems that they might be a better vehicle for buying homes that are mortgaged because they may not trigger the due-on-sale clause.If I wanted to buy a house subject to an existing mortgage, could I just make offers to sellers on the MLS or would most selling agents even present a sub2 offer to a seller?

My point is not that these are hard rules but that the documentation has a different feel.You can then use what you've learned is common practice in your area and search for those documents suggesting a major life event has been triggered.

I am just now starting to research the Chicago multifamily market and hope to be pulling the trigger on my first property about that time.Hope the meetings go well until then!

There was loads of good deals...now they are really far and few between, I'm in no hurry and if the right deal comes along I can trigger but in the meantime small fry like me are going to sit back and wait for more inventory...come on banks, you couldn't have sold everything to blackrock!!!!!!

I think the #1 reason this strategy works so well is the ability to pull the trigger quick on a good flip and do a quick closing.