One of his ideas was to break the loan into somewhat 2 loans: The first being a % of the Down Pmt that is personally guaranteed and will be paid off first giving owner the 'skin' in the game so to speak...Its all wrapped into one but a small portion is personally guaranteed.He said he didn't need money down either but when you get down to it, putting a little down solves the problem.

It was quite basic, but I am still very new to the rental game so I enjoyed it.

I never chase REO deals or sheriff sales, when I place bid, I am the only one in the game.

It cost about 30 bucks here in NJ to file - pretty cheap insurance in case tenant decides they want to play games.

Then as more time passes the less interest they have in buying...He's playing a nasty game...Sadly, he's winning...I'm trying to think of a way to sell with the MINIMAL amount of involvement on his part...Maybe sell the place and then AFTER the sale, then tell the new owners to call him...I'm getting tired of this...

i dont know of any banks allowing a seller to hold your downpayment...not saying its not possible, but most want skin in the game....good luck and let us know :)

Seeing that I'm still in the teething stages of this Real Estate game, I ran across something here in my neighborhood and I would appreciate some advice.SITUATION:1) I was doing a tax record search and I ran across a property that caught my interest. 2) The house was deeded as "Estate of XYZ".3) Did more research of Mr.

You can opt to undercut those prices, maybe simply do an 8% fee.That will get you in the game... and put a little cash in your pocket.

Hi guys,Im wondering if anybody knows of solid property management software that has either a blackberry companion app to input data, or some other way to record info on the go...Theres GOTTA be an easier way to keep track of properties on the run!

I'm game if there is room :D