Nothing, except this property won't cash flow even if you put $200K down.

These rules have to apply to everyone on the property, but you can accomplish quite a bit with this, including (check your local laws) late fee charges, and most other items EXCEPT the term and base rent.

Easy enough except she sprained her ankle.The insurance company was going to pay out something like $5,000 rather than fight the issue.

That's understatement...We lost 4 million manufacturing jobs during the Clinton administration and it has been in a steady decline (I was a EE engineer in my previous life)...I witness a similar decline take place in most parts of Europe (with the exception of the previous country-states of Russia) during the early 2000's...Regards,Scott MillerOriginally posted by "REI":The summary appears to focus more on the office sector within commercial.

In most, if not all states, an agent will be required to use the forms of their Real Estate Commission, with some exceptions.

Correct.There is an exception.

There are no other liens on the property except for the mortgage, the tax assessor is owed the installment that just got billed for 4500.

I sincerely appreciate your input, however, if obtaining a loan based on my credit histtory is impossible how about if I partnered with someone who had exceptional credit?

Instead of relying on a cap rate that is garbage, I simply calculate the cash flow (using real world expense numbers) and look at the equity from my experience of looking at hundreds of rentals in my area(which is essentially comps, except I'm not relying on someone else's opinion of the value).

I showed up at the house with my (3/4 page) P&S contract, all filled in except PRICE. all cash