The owner is taking his time on selling but seems to be ready, he said he brings in about $3750 in rents and owes nothing.

Over the past summer I bid on 4 houses and won on the 5th.I 'll bring you all up to date on the 5th in the starting out forum.

I come across properties all the time but have no one to bring it to, or know how to make it work.

Now you've got landlords subsidizing their tenants and unable to sell without bring a (or another) pile of cash to the table.Jon

The picture is a blast from the past memory jogger......Funny how the mind works.

CAM payments ussually consists of all costs relating to the operations, but not the capital improvements of a property, including but not limited to, RE Taxes, Insurance, maintenance, on or off-site property management, and in some cases, off-site asset management.With such CAM programs in place along with a good local property manager, AND properly supervised by the owner, the investment property should bring a reasonable and good return on his investment.

Since stated-income loan applications represent additional risk, lenders get a higher interest rate when such applications are used -- even from borrowers with jobs, W-2 forms, payroll stubs and tax returns who can readily document their income. y'all bring cash!

I guess the moral is you can screen tenants all you want....but if they bring a chucklehead on the property you still got bs to deal with.This was back when I was in college and was an onsite manager at a 30 unit complex in Missouri.

. - Find Partners - Find partners who can bring credit and cash to help finance the deals.There are still plenty of ways to do deals... you just have to get more creative than in the past.

Specifically, how much rent do the 3 units bring in per month?