At first I wanted to start out with stocks/bonds/debt/securities etc.

Operating expenses include taxes, insurance, management (even if you do it), maintenance, advertising, utilities (at least during vacancies), capital expenses (although not technically an operating expense), entity maintenance, legal fees, evictions, court costs, evictions, damage done by tenants in excess of the security deposit, I could go on and on.At any rate, you left out all of these expenses, which means your negative cash flow (even with your interest only loan) would be a monthly LOSS of about $768 per month (over time).Good Luck,Mike

I am trying to get into REO'S and I need a hard money lender or 2 to secure the financing.

Hey Antwon---If you have a loan on the property you are putting in the trust, you should look at the security instrument and talk to the title company like EricFoster suggested...

However, I told her that if she decided to throw his stuff out that I would change the locks for her (since I didn't want the guy to kill her).A few days later, I received a call from the tenant.

Hopefully you have some security deposit.Jon

So, I'm not at all sure that all the negativity about loans is justified.I do have excellent credit; never missed a payment on anything; these are full doc loans; and I am buying these properties at about 40% of market value, so there is a huge amount of equity in the deal and the bank will therefore have a lot of security.

So when I find notes, ie. real estate secured, business notes or commercial notes, well, hopefully I will be able to come to this forum that is full with all of these investors.Mary

My biggest issue is that My income is not very high (only $2,600 a month take home) and I don't have substantial reserves for down payment or as security for 2 months mortgage payment and stuff.

So here are the guidelines:#1 – Just throw out the ideas… any and all ideas that you may have.