I have done many deals that individually provided rewards greater than $4,000.

If, OTOH, you use a commercialized site that is just "reselling" and repackaging a report from the big three, they take a cut....usually about $10 or more per individual.

As others have indicated, being in the 2nd lien position does have its risks---namely, if the borrower should default, you would need to take out the 1st lien holder (pay off the first mortgage) to put you in you first in line (you are right, IRS would take precendence over both the 1st and 2nd lien holders).

If you do not create the business vehicle before the closing the loan and the property will be in your individual name.

Anyways, back on subject:So i guess the only way to truly know is by each individual deal.

These have been on the market anywhere from a couple months to nearly a year, and in some cases have been receiving no offers whatsoever as indicated by the listing agent.

WH.....this is good, but again i am thinking on a couple things here, only wanting to make things flow as simply as possible with little to no gliches at the end of the transaction....i'll try to explain what i mean and maybe i'm speaking for many out there that are making some attempt to find success in this endeavor....in regard only to a short sale transaction the following occurs:property owner (let's call this person the "seller") allows for an individual (let's call this person the "buyer") to "purchase" the property merely for the sake of the "buyer" moving forward to deal with the loss mit people at the lender.as time moves along, this "buyer" gets written confirmation of the lender accepting the "price" offered via the customery HUD-1.now let's say for illustration purposes the "approved" price the lender has agreed to is $250000, the value of the property seems to be in the neighborhood of $350000 and the "buyer" wants to "double escrow" this bad boy for $300000 (generating a clean $50K profit)......in this illustration/scenario the question remains: "what is the cleanest, simplist" way to accomplish this?

Since the apartment was on my name, the apartment building claimed they required 3 months notice, etc,etc and took it to court, indicating i owe them those months rent because of the late notice.

ROI when you did not indicate the cash invested?

On the settlement statement the psychology in my mind was seeing it as a bill.I had calculated it and been looking at each number individually on my sheets as closing cost, $ from savings, and $ from HELOC.