In Texas, you have to file a motion to have the funds released which means ; a lawyer is needed and you can only get 10% as a finders fee.

I am presently in a suit with someone were a judge ruled in my favor on a default by client and now i am going for a pre-judgement by the judge.

When it comes to resale, duplexes appeal to regular homebuyers because you can get in and use some of the income to qualify for the loan.When you buy more units, up to 4 you can still get favorable financing but may find a little more work with more transient type people.

I said any property deal closed in my favor I will give a portion to this website because this is the only site I know of that has real reply's I can use.

Wow thanks for the replies guys I must have a lot to learn..I thought the 2nd deal was favorable because the only expenses I would have is insurance and property tax...plus the renter has a lease until 2014 and is willing to sign a long term lease upon change of ownership..there so many formulas i feel like i'm in math class...i guess i have a lot more to learn..can someone point out why prop 2 is bad?

I agree with Adrian that IL makes it too cumbersome and competition in the northern counties tend to be "interesting" since Chicago politicians have a lot of "friends" that need favors.

Things look favorable to me though.

They are definately in favor of it, but not sure how that works with commercial properties.

There are many authors out there who make it seem very easy and glamorous, but there are some harsh realities when it comes to REI, and these guys do their readers a favor by pointing it out.

For once being poor worked in my favor.