There is about 36% vacancy, and the units don't need any substantial rehab.His exit costs including brokers fee, title, tax, etc should be less than $150,000.

I've spoken to my mortgage broker about what kind of terms I can get for various scenarios.Are the places you have now really making money?

Thanks...Have you have any luck with brokering notes?

I just started in the real estate business, not as an investor (Yet) or broker but as a "finder".

Try a mortgage broker.

As my mortgage broker said it looks like Remax and Caldwell Banker are running for President - signs in every yard.I actually bought the SFH at a short sale auction, but am looking at foreclosure and retail markets as I don't see a whole lot of price difference right now.I am anxious to hear from any other St.

and trying to gain as much info as possible.However, I interned once at a relocation company, SIRVA relocation, and every client we had was atleast somewhat motivated, who owned a home needed to have his/her home sold and needed to buy a new home in their new location OR they were looking for a place to rent....Wouldn't it be a good idea to contact either there relocation companies or probably a better person would be the real estate brokers who focus on servicing these clients?

I have a friend who is a RE agent and her husband is a mortgage broker so I do have some good ties although I am not sure HOW to leverage their time and know how without paying a 6% for the sales/buying portion or even IF the MLS is the way to go.

I have it set up to do similar things.I just tried that, but as soon as I try to click on "TOOLS then RULES & ALERTS", it tells me I am working offline and I need to connect to "Microsoft Exchange Server"...I used to connect to our server at the office.

Two associates and myself decided that after a number of years on the wrong side of the banking industry (yup, we were brokers) it was time to branch out and learn everything we could about the world of real estate.So far we've picked up three rental properties in Syracuse, NY -- a 3 unit and two 2 units.