It was listed for 10,900 or so, but the guy that owned it just wanted to get his name off of it and move away, so he handed me the keys, the title and that was it.It was a single family 3/1.

And there's lots of ways to bring that gain down to a reasonable level.The key is to try to get as much of your income as possible at lOW RATES.

The real key here is knowing how to screen your tenants.

Hey RubenJust went somewhat same thing with a seller bank changed locks, called mortg. co. asked for key they sent fed ex to my office two days ,I asked them if they assigned to agent they said no ,just call and ask still owners prop. no cutting just ask . good luck

But the big key in seeing what you have is in: 1.

A key issue will be whether the tenant gave you notice of things that needed repaired (like the leaks) and whether you fixed them promptly.If you don't have an attorney - GET ONE TOMORROW!

It takes time but the key is to market run a ad and if you have local REIA group attend the meetings and network.

But, if there's some local driver that will cause prices to increase, and the significant negative cash flow can be handled, then maybe there's a deal here.

A key factor for lenders is the DSCR - debt service coverage ratio.

i know the key is to hard work but i'm thinking about going ito real estate as a side thing and depending on how i do i may go full time into it.i will def check out some stuff in the library and ebay!