The property must already have a tenant and you will need to produce a rental agreement.

The Lender (Mortgagee) in the deal is who will produce the paperwork.

He said that the value of the property went down and that if it was to be sold at today's value, the income from the tenat would cover all expenses and produce a postive cash flow of approximately $200 per month.

In that space Red-1 digital cameras, high end DSLRs and GoPro cameras are giving producers flexibility they never had.

I'll be waiting and hoping for a repeal.So if Donald thinks he can produce a solution for Brian H., me, and the thousands affected, we are all ears.

To me at the end of the day it's still a 2 unit that will produce $250/door/month in cash flow.Deals are drying up in my area so even these ones are becoming hard to find!

That being said, $591 would be incredibly high for the costs you mentioned in my area.

Soon, I would like to start rehabbing and flipping properties around Frederick, Maryland; with the eventual goal of being involved in buy and hold and producing some passive income for my family.

That's incredible compared to hard-money.

I got really lucky with my first one I found at an REI meetup (look those up as well) and she was incredibly helpful.