A master lease with an option could be one legal construct to fit what you need yet not be too involved in the property directly.I think the biggest issue will be for you to clarify in your mind the sorts of deals that would make sense.

Hi All,I came across this website and it looks like a great source of information and networking.

Not sure how much of an inspection was actually done.Know the market value and confirm it from other sources.

But then again,at such a low $ amount, the closing costs might throw off the ratios.I have to run the numbers and see the diffences (cash on cash return, particularly) ...However, the BIGGEST problem i see with NOT getting a mortgage, is the repayment terms.8% at 5 or 7 years is going to KILL my initial roi.I will be paying out like 5-700 a month, and these places are likely to be pulling in only 560-800K a month.:( :( :(AAAAAAAAAAARRRGGGHHHHHhhhhhh!

They say it's the biggest real estate boom in history.

I feel that this is both good and bad; it's going to be tough to get all of this information together, but on the other hand, seeing that this isn't just a get rich quick scheme makes it more real and obtainable to me.My biggest desire at the moment is to learn, and I have always felt the best people to learn from are those who have real world experience both succeeding and failing at whatever it is they do.

My biggest fear when purchasing a REO are those hidden expenses.

We have a variety of funding sources to assist both domestic and international businesses with their funding projects.

I have two or three sources that I have checked out, but I think I will be working with Chris (Oklahoma1) as he seems to be a straight shooter, and that business is so full of flakes.

My biggest question is should price justification be mentioned or details about why my offer is at it's price?