Not ideal, but it works... when I remember.

Then you need to look at the life cycle of how this investment will play out in the long run should you sell it in 5, 10, 15 or so years and see what each point looks like.

I am eager to start a new career in real estate investing, but I only have about $15k to play with and can't afford any big mistakes (I have two small children and don't want to get into debt trying to make money!)

“It’s a ideal time to squeeze a home generally for people that suspicion they could never means to squeeze a home.

Whether you say ethics or any other BS in the real world these REO kings and queens have a list of buyers ready to purchase with cash where the REO broker can double end a deal.If the offer is close to what the asset manager wants then the bank doesn't care about double ending.How you level the playing field is to tell the listing agent they can keep all the commission so they will push your offer with all things being equal.It is a classic mistake I see brokers and agents make time and again.The REO broker is only getting a tiny fee on their side and having to cover a bunch of costs listing the REO so getting the other side is huge for them.If you are flipping you will save the commission on the sell side as an agent and you can put 4% co-op to get buyers agents in droves and still save 2%.The price has to be competitive and the rehab quality for the area as always.You can't just offer a higher co-op and then list high to compensate for it.That is another classic seller mistake.good luck

Your approach is too difficult and it is like trying to play cards in the dark, There are a lot more ways to invest using lease options then spending so much time researching properties that may not work.I would recommend sending emails to sellers and advertising as the are many free ways to advertise for sellers, don't spend a lot of time thinking about the property as there will be plenty of time to do the math after you have a potential seller who is interested in a lease option.

I was thinking generally (and hypothetically) along these lines:* Deal with folks where we have pre-existing relationships* 10yr fixed rate - pay around 7.25% fixed for 10 years (this would be set at loan origination around the 10yr tsy plus 5.0%, or possibly the 30yr avg fixed rate + 2.5-3.0%); interest only ideally, or possibly 30-year amort* Right by borrower to substitute collateral to maintain the LTV (if we want to sell a property)* 1st mtg, 75% LTV on new appraisal value* One investor per property, in 1st lien position* Property rehabbed, seasoned for at least 90 days with tenant in place with term leaseHow have you addressed lender concerns around investment safety and illiquidity?

Ideally, Allison's advice is the best scenario (if you can change the name in which title will be taken).

It was great getting to play around with my peers in cyberspace.4 - I went to some really good sessions and have many ideas for furthering the BiggerPockets message.

As long as we're playing "Show me yours and I'll show you mine":Dornfried v.