If successful, it would provide a better future for our daughter when it's time to go to college and provide us with a bigger return as opposed to our $$$ sitting in a bank account.It's been 2 years since we sold our previous homes so I'm thinking we would either need to go Conventional (not sure if we can do that for an investment property, despite having 20 percent...anyone know?)

Can we get Conventional financing 2 years post short sale if we have 20-25 percent to put down?

When you look at the property using the 50 percent rule: 975/2= 487.50 to cover our loan cost (and it ends up being 487.50-316.67 = $170.83/mo after putting aside 50% to cover insurance, taxes, cap exp's etc).

We've only seen one price crash in our lifetime and it was due to crazy financing.

Ten percent vacancy doesn't necessarily mean that you will always have exactly 10% vacant.

Selling on Lease OptionLease and Separate OptionDont use rent creditsGet 3 percent option.Several Agreements Click hereSee a lawyer, be prudent.

You ould be able to write anything you pay personally off on Schedule A subject to a 2% AGI limitation(Basically the first two percent of your income is on you).

They're buying in bulk. 10 to 15 percent will have title issues and so on.I hope that helps.Patrick

Previous to that, 3 hard money lenders turned me down and 4 equity partners turned me down. 7 people turned down a "flip of a lifetime".I ended up convincing a retail buyer (i was an agent) to purchase it and be an investor.

A twelve unit has 144 rental months (12 units x 12 months); 10% turnover is 1.2 units per year; 1.2 units turning over annually is 1.2 units x 1 month average turn = 1.2 vacant months; 1.2 vacant months / 144 total rental months = .83%, call it one percent physical vacancy.