MANY of them will only see you as a student untill you earn their respect.

I purchase the house directly from you, so there are no real estate commissions or extra fees coming out of your pocket.

Getting rid of the premiums on that extra 1 million would be nice!

Think about this, would you give WAMU extra if you made money off this property?

One CPA caller had a good idea--he suggested the banks allow people to pay principle only and double up the principle for a few years so they can build up some "skin" in the deal and add an extra year or two on the mortgage to make up the interest.

I'm sure spending 5 minutes extra with these people will make it a lot easier for you to ask them to let you start making their payments for them.

You can offer 10% of any profit earned, or you can pay them a flat fee ($500 - $1000).

Those in the rental property business, how much tax do you pay per dollar earned?

And you're earning exactly nothing on your investment.Even managing it yourself and collecting the property managers cut, about $400/month, you're still in the hole.Never buy based on what might happen.

Earnings will disapoint Wall Street which will call for more layoffs over the next two or three quarters.