I am in the process of attaining my RE License.

A 10% return is attainable, and your strategy should depend on your long term goals.

Some of these loans are attainable the same way a traditional mortgage is obtained and can require a little less in downpayment.  

ThnaksTypical neighbor is predominantly of White ethnicity, majority attaining High School education level and generates about $33,986 per year in household income.

GoalsWholesale real estate in Southern CaliforniaEventually move to Northern Arizona and resume wholesaling there Make at least $20,000 before December 31st, 2009 $5,000 a deal = complete four deals Get a solid Purchase Agreement ContractGet an Assignment Contract Build a solid buyers listStart locating dealsHow to Attain Goals1.

The posters indicated they could do this with eight $20K units to get this return, so this would get you to about $240 per unit per month in cash flow, which would be excellent.Another thing about the leverage is that it allows you to attain more property, so you get much larger depreciation deductions for tax purposes.

The 2% rule is definitely attainable here.  

My goals in real estate are to attain financial freedom through rental properties. 

Some of the metrics that the survey provides and that I find valuable to understand are:- Population- Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors PercentagesAlso take into consideration the direction in which each of these market indicators are trending.

Looking into purchasing another MHP and I was wondering if anyone has had any experience getting a non-seller financed loan.  Going through my list of communities banks and have found potentially one, but they will be...