They seem to be helping alot.One will fund the whole purchase price.I also have a private/hard money lender at 8.5% and 2pts that we may use.

I heard this method can be quite extensive.

Had an extension cord (tenant purchased) fire with a replacement value policy in one bedroom.

I have an extensive background in management and working with people.I am a newbie and looking for all available resources to grow my knowledge base.

Crediting $200 per month to the purchase price does not help you as the seller and, in fact, reduces your profit at the closing table.I have had great success in having the following:* 5% lower house rent than my competitors (its taxable income any)* Extra Option payment of $300 per month (tax deferred as per IRS IRC 1234)* Guaranteed up to (2) 12 month extensions if financing fails (rent is increased by 5% next 12 months).* Having their Option able to be "marketed and sold" by TBers at their own expense if there is either a family emergency or job transfer (needs to be proven)IMHO, people that 10% into a property will get financed better and easier than No Money Down or 3%.

Hi Steven, don't forget to market your deal to local REIA forums in addition to attending their meeting to potentially meet investors with private $$.

The idea is that if you see red you take action to correct it.I have used it extensively for the last 6 months and find it helpful to attaining my goals.

I have secured private money for the rehab and purchase at a very good rate.

A word of advice: When you register your domain name, pay extra for private registration, otherwise you'll be inundated by junk mail.

We basically offer our investors a rate & term refi out of a private note within 45 days based on 65% of the banks current appraised value.