I proposed this to the tenant and he was quite pleased (even at a 15 year amortization, his PITI would still be lower than the 850 rent).

It takes courage for sure - I am freaked to be quite honest but I really believe in the U.S. to come back strong.

I have looked into them quite a bit, though.Regarding vacancies, they should be less because your current tenant buyer has an incentive to stay there.

(sorry I can't find it now) It was quite a contrast; one did all the work himself and was constantly running around.

Quite an old post, but I just thought I'd add my comments. click2mail is super slow.

This could have been a slam dunk for me, however, I thought it was overpriced so I suggested we offer quite a bit less.

I have enjoyed visiting this forum and find it to be one of the best on the internet.I'm new to REI and have a very ambitious short term goal of creating a minimum of $7,500/month income from real estate so I can quit my full time job and do this full time.It appears from my research that the most viable area for me to focus on is Wholesaling in that I want fast results without using much of my own money or credit.I respect the suggestions of the more experienced investors on this forum because I believe experience is the best teacher although it can be painful and expensive.So I'm excited to be here and look forward to some great times.Much Success!

Title of course has to be quit claimed over to yourself personally before application.

Hello everyone,My name is Tony and I recently quit my job as a poker dealer to pursue real estate investing full time.

Kids don't quite understand the concept of "real estate" and it upsets me when they tell their friends this is what our mom does.