Not exactly promising, but something, especially with the cash flow I would have.Right now there are two vacant shops in the building, so there's more potential for income than the current 30k net, but I'm basing my numbers on the current figures.I ended up trying to structure a non-recourse offer to her by having my bank take a 1st for the 50k down payment and the owners carry the rest as a second, but they didn't go for that (I wouldn't either, I suppose).

No promises on the organized delivery of them, but I tried to collect my thoughts to help others out (and as a reference) when they were in my spot.

(I promise you wont see me on an info commercial at 3am selling get “rich” dvds) :)Due to my full time career my availability to show properties is limit to weekends, but I can research anything you need in the evenings.

This lender did everything that was promised and we have received a clear to close, as soon as docs are completed.

I have also heard other people on the board speak highly of her stuff as well.If he really got thru the entire course like he promises, he'd have a lot more to say that one inaccurate sentance about the product.

If you keep them happy(Pay on time and as promised)and make them money they will keep coming back It has to be a win/win for all involved and always use a third prty escrow/lawyer to set up trans action Thats My $0.02 but check with your lawyer/Accountant

I think you are setting yourself up to have a conflict with your former tenant over a poorly cleaned house while they want the $200 that was promised to them.

I pay only water and garbage. on top of that I get a fancy old victorian house that is likely to appriciate heavily in the years to comeyes a similar deal may be hard to find (my other 4 unit on the west side generates $2000/mo on 100k total investment) but i promise you the numbers will be a hell of a lot better than you can find in hamburg.also, the best part is taxes are under 3k/yr on both

As promised, the surveyor went to the County the next day and resolved the issue for us at no charge.

Simply write a fake check in Quickbooks with no check number (be sure that "to be printed" is not checked) linked to a loan servicing fee expense account.