Oh and Noobdog...my original profit was about 40k (after ALL costs) I actually had to think about that one too cause I couldn't remember anymore...lol...all I think about anymore is - how to make those doors fit..will that plumber show up on time...did I pick up that permit?...

I have heard about HUD having a program to help section 8 tenants do lease purchases, but haven't checked into it yet.

A fellow investor from NoCal told me that she had heard that Foreclosure.com had just launched a new program that would provide financing for investors interested in purchasing at a trustee sale.

I am aware of programs that allow for a minimum loan amount of 30K with min.

During the recent RE Bubble, millions of wannabe investors paid ridiculous prices for investment properties they've been watching too many 'flipping' programs on TV).

I know he helps run an investor mentorship program down in Dallas.

The point that I was trying to make was in reference to the course that I purchased, and since I mentioned contigencies I simply stated that the agreements included with the program had a "weasel clause".

So Mike would you say that plugging in whatever numbers that come out too approximately 50% percent for the expenses into a property analyzer program (assuming all other factors remaining the same) would that give you a reasonably accurate number of your realistic cash flow on a property?

There is no one-size-fits-all when it comes to investing.Mike

No condotels or non-warrantable condos on stated income but we CAN do them on a full doc programs nationwide (FYI).