In fact, they work so well that I use them as a backup strategy - my safety net.

Options of 5, 7, or 10 year ARMs at 3.25%, 3.625%, and 3.75% respectively with a 2% adjustment and 10% down payment.I have ran the numbers and either option would have a decent cash flow.

How much of a cash safety net should I have set aside?

With my recent life experiences of balancing multi-million dollar budgets and armed with a strong understanding of building maintenance I am sure to carve a trail that will ensure my future as well as those around me who wish to work as a trust.

When a buyer and seller consummate an arm's length transaction in an open market at a specific time, that is the Fair Market Value.

There are 20 million of these houses in the USA that have little equity.3) find a home seller with no repairs and is a pretty house.4) find a home seller that has a fixed note, not an ARM.5) most importantly, find a seller that wants to avoid a short sale on their credit, or any other negative move, like a ch 7 bk, or a deed in lieu of foreclosure.then on the tber side, 1) find a tber that wants to own and not rent2) find a tber that has income that is steady, and has low risk of job loss, like medical personnel.3) pre-underwrite the tber by having a licensed mortgage professional look at a 1003 app, look at credit, and give an opinion as to what is needed to get the mortgage, like decrease debt to income ratio, etc.I use a lawyer to draft the lease and the option and the memorandum to cloud the title.I use a 3rd party payee.

If you can show them it's a great deal for them and with a high degree of safety for them, you may be able to knock some out.

Now variable rate mortgages are called ARMs and people are refinancing to lock in lower rates with fixed rate mortgages.

The transaction that introduces the two should be 1. at arm's length, 2. significant in scope, amounts and risk and 3. successfully completed to the end.Yes, you could do something knowing that you will or would likely do future business and you can do some transaction that introduces each party.As to a significance of the transaction, that would not mean buying a pack of gum at the drug store.

The moment you stop moving.....you're dead.My goal is to get into the multi-family (rental) property business and hopefully, armed with a lot of knowledge, be sucessful at it.