You also pay directly insurance and taxes.Note: there is a due on sale clause with a wrap and a subject to transaction, and many times a property trust is used.Due on sale clause means that the bank has the right to call the loan due, but if the payments are paid on time, religiously, there is no real reason for the bank to call the loan due on performing, "in good standing" asset.Here's a business plan for bad credit entrepreneurs:One: understand that your bad credit is not stop you from operating a real estate business.Two: if possible get licensed sometimes bad credit prevent you from getting licensed.

For instance:"Older, SWM, straight, smoker, not particularly religious, has room available for rent for one person, share rest of house"In this hyper-politically-correct world we now inhabit, would posting the above put me at risk for getting slapped with a charge of posting a discriminating housing ad?

You can find anything on google that will confirm any belief that a person has.

I would have to drop my rents significantly to compete, and 4. and most importantly- I am profiting as opposed to just paying the bill.Some "smart guys" have moved in and upon rehab have instituted sub-metered electric heat, some because they have no gas and some out of a belief that they will make out better.

When it comes to financing a deal via hard money or privtate money, I highly recommend that you run your number religiously and have your systems set in place.

Why do I have this belief?  

Since she didn't, I assume it's not something that she holds as a strong belief.

Most people who have been taken by this scam only hesitate briefly before wiring the money, as they have already "cashed" the doctor's check, they are sitting on a year's worth of prepaid rent and the dollar amount for the furniture is small in comparison, and believe that if the check were fake it would have bounced already.The cashier's check from the good doctor bounces roughly three weeks after the homeowner deposits it (contrary to popular belief, it takes financial institutions longer to figure out that a cashier's check is worthless, in comparison to a personal or corporate check).

In all the melee, I was under the belief that "motiv8t" was saying that a "foreclosure" could be started.

They tend to focus on doing stuff like the following:If there's a religious statue, message, art installation or the like on government grounds, such as on court property, public schools or other areas, they petition for an equal right to install a message.