Most of the profit is made at this point.While we cannot force them to of course, we need to be absolutely clear at the start that this is the purpose of the strategy.We are considering setting up a mortgage broker to sort of 'pre-qualify' the rent buyer at the start so that if all things remain relatively equal they know that they will be able to qualify for a loan at the end of the option period.

They're still driving king cab, dually pick up trucks to the grocery store (although not as many people are buying them) and while starbucks sales/profits are down I still see folks in there putting the lattes on credit cards.Another thing that makes me an optimist (about finding deals that is) is that I know that even in good times some people get in trouble.

There are a few things that always keep me thinking…… there are many online trading systems that demand to be profitable in all the ways as one can be .Do they really work or they are just for ones own profit .

The note just gets wiped out.If someone else has bid, say $35K and won, then that other person would have paid triton the $35K, resulting in a $5K profit over the $30K he paid for the note.

Have you ever wondered who's getting all of the mind blowingly profitable Real Estate deals in your community?

Then I'll turn around and advertise / cold call (at first) or contact known investors (once I have a list) to sell my interest in the contract to the investor for a profit. $5000 is what I'm understanding the minimum I should shoot for in calculations, but it could be more.I know that's a real basic overview.

There are disclosures and specific forms that must be used, but its perfectly legal to buy a house in foreclosure and "flip" it to another investor or fix and flip it or whatever.As I understand, Maryland has laws that say you must return 82% of any profit to the former homeowner.

Can you rent it for enough to be profitable?

For a while, sleezy investors were entering into this kind of deal and promising a profit split for people that would line up the financing to buy the house.

After all, doubled profit will return to you afterwards.