I explained in an earlier post how to calculate the cash flow, so you might want to review that.What have you been doing to find desperate sellers who will sell you their property at a HUGE discount?

We are not clear about how to explain to our potential members how the qualification process works in relation to the qualifying process.We've been told that TIN will represent the members "collectively" instead of each member having to submit personal information everytime a property is purchased.Please give us insight on the process as it relate to an LLC Investment Group.Thanks,Ed

I explained my intenstions, my plans, and my goals, where I wanted to be, and what I expected from him..

The Reverend MikeOH has a very visible AGENDA of making sure investors, especially noob investors, over estimate their rental expenses.... the actuarial facts will prove that the real estate expenses will equal 45-50% of the rent collected, after all is said and done.Would you care to explain how these two statements make sense.

my english is not so good can u explain please?

I think in most cases if you explain your transaction the title company will see it as a conforming transaction if not go to another title company to do your business with.When the property is sold the trust is terminated as the new buyer comes in with their financing, or if you need to refinance the property the title is revested out of the trust the new financing is put in place then the title is revested back to the designated trustee..Just so you are aware when the trustee takes title, I'm referring to a professional corporate bonded trustee there must be a clean chain of title for the trustee to accept in the first place so choose your trustee carefully.The thing that the lender can do is call the loan due it does not happen often though, if you vest title of your property to an LLC or other entity w/o their approval or authorization that is one of the many reason why a trust is used.

Exactly can some one explain to me how to do this because i am confused i know you have to look for places were there will be alot of construction but how do i find that out?

can anyone explain to me the complete process for a short sale so I can better grasp the concept?

Need some of the experience here to explain and advise.

mikeoh's numbers seem a lot more conservative than what i've been looking for, which probably explains why he's been doing this for awhile, and why i'm a rookie.