I've been a realtor for 5yrs now between AZ & FL and been an investor for about a 1.5yrs with my husband in Florida.

I'm a realtor in both Virginia and Massachusetts and my current work situation has me jumping all over the East Coast.

Also there could be a lot of risk for the owner if the contract looks like seller financing and the tenant/buyer stops paying rent and it goes to court they could state because it is seller financing the Landlord/Owner has to foreclose instead of evict which is much more expensive and timely and in real estate time is money.A lease with the option to buy or Rent-to-Own is a better way to go for all parties, we use the Association of Realtors Lease for our state to make sure we follow all of the laws of our state to protect all parties and usually do up to three years, any longer and it could be considered seller financing.

:D I am a new realtor in the Rio Rancho area.

I really don't feel like becoming a realtor if I can avoid it!

.- Fixup the house (total of $10K in work) and sell it for $150K (no Realtor fees on this one) only 3 months later- Lender will get their $100K back and you get the remaining $50K.After you pay yourself back for the $20K you put into the deal and the $10K for fixups, your profit is $20K.Does that clear it up?

You also don't mention if you paid a Realtor to find your tenants.My rule of thumb is that MONTHLY rent needs to be AT LEAST 1% of value of the house, but then I'm looking for a higher return.

. : ) I wonder why my realtor couldn't have explained this stuff to me?

I am a realtor and would like to find reo's to list.

We are seeking realtors to work with us on the clients that have homesthat have been on the market 3 months or longer.