Just make sure you've got all the figures to support that cap rate.Good luck,donrock

Then, figure out what you want for option money, rent, and deposit, and start advertising.

The banks are still holding out for more than I will end up paying shortly.I also have a blog which I have just recently begun to sell advertisements to Realtors.

It's an unsurprising political CYA strategy coming from DC Democrats who supported the system that forced banks to make these loans.

You are part of the segment of REI that does not really do REI, but rather sells support material and get rich quick programs.

., advertising and tenant screening.

Please let us know if you've got any questions and thanks for all the support!

You could just as easily start out buying and holding and end up a millionaire in 5 years with enough cash flow to support a very nice lifestyle.Buying and holding should be implemented when you have plenty of cash reserves and is a hedge for your money.... profit preserving strategy..

I have bought many products on Ebay from USA and though most advertise that they will only sell to USA (needs to be a shift in mindset), when I write and ask if they will ship to Canada most are happy to do so.

If the home sold for $353 last June and was in same condition, it probably dropped in value more than $20k to the banks current ask price.I don't think $250 is too low ball, but you will have to show some evidnece to support your offer.