BP nation - I need some ideas for non-internet marketing...

Sounds like the interest rate on the loan is higher than your non-leveraged return, thus your leveraged return is worse.

Such as pre - foreclosure, non owner occupied, owner occupied over 65 yrs old. recently divorced and probate.

If your gonna put down $5k or $10k non-refundable as the wholesale realty companies require you need make sure the deal will fit your goals if the appraisal comes in low or the HML just brokers the deal to another HML and your OOP jumps $10k from what you projected.

(I’ll take the hit to my credit score for a couple years)Ideas to Improve Cash FlowI see these as non starters as they are going to increase my out of pocket expenses.· Adding a studio in the attic, below average chance of getting a variance from the town, and it will increase expenses.· Adding a 3rd bedroom to the 2 bedroom unit, again need town approval and will increase expenses Lost rent during work, construction cost, but would generate about $300 more a month in rent.· What about short sale?

You need to educate yourself on what "prohibited transactions" are when using your retirement account for real estate (or other non-traditional investments).

Ferndale has a pretty high millage rate, especially for non-homestead.

@Daniel Dietz - looks good to me, as long as you're not paying above recent non-distressed sales comps for that neighborhood, as many homes are over-assessed these days.

Thanks Bill and Wayne, I am in complete agreement and it is a non-issue as I would never be dishonest on such a form.Looks like I need alternatives or I need to pay rent, or god forbid, a job!

@Liam Goble well my business is supplying Memphis investments to non US residents I live in Fiji but spend plenty of time in Memphis and New Zealand.