Scamers are very efficient, and they practice the "funnel theory" - they send out feelers to millions of people and hope to draw 1 in 100 into the funnel.

Subsequent to renting the houses, we sell the houses to investors and lease the houses back for a period of 5 years.

If rents average $1000/unit, that's really excellent work.The problem with expecting 5% appreciation going forward is that we've just been through a period where its been MUCH, MUCH higher.

Most of them try to sell ther packages by making people believe that they can become multi-millionaires in a very short time period without doing any work at all.So now that you've figured out that it is a lie and that actually there is a great deal of time and work involved in real estate, stop trying to get your millions without working and get to work and put some time and effort in.I don't think real estate is hard.

Hard to call a bottom, period, except in hindsight.

That means there will be a 45 day owners redemption period after the sale where the owner can still come back and redeem the property for the price it sold at the sale.

Two other issues in dealing with:National commercial lenders require 5+ units, I have 2-4Residential loans require a seasoning period usually and I'm looking to refi out of private note in <30 days

That can mean he sits on a lot of cash and is out of the market for long periods of time.RE investing is closer to a business than anything else.

Okay here goes, Lets say I purchase a tax lien and the owner fails to make payments in the redemption period and I foreclose.

Can anyone recommend a good software program for Mac that will analyze cash flow, DCSR, ROI, Cash-on-Cash return, pre-tax/post-tax, etc. over user-definable hold periods.