With all of the incentives available for homebuyers today, not to mention the best buyers' market I can remember in my lifetime (and I'm not a youngster), I think it is a great time to be in this space.My partner and I plan to start by finding JV partners to do some deals with so that we can build our cash flow to the point where we can go it alone on some deals.

I would hire a lawyer to write them a nice letter challenging this requirement and explaining to them that the "lifetime" occupancy provision was never explained at closing.

By that I mean that you do not offer the lender any terms, such as interest percent, rate, principle vs interest, ect.

That would be a 33% percent return on your money, which for most investors is a respectable ROI.

A Federal Housing Finance Agency report suggests that short sales rose by 45 percent between April and June 2009.

Good Investing 20 percent a year from cash flow?

Right now, you might be looking at 6 to 10 per cent.

So i would acquire the property according to him and give him 10 percent.

Should the tenant's rent be no more than around 35 percent of their income?

Promises 8% and percent of profit upon closing.