This is true, but it can also get to be time consuming to call each and every listing agent for appointments, and then have each of them try to show you other houses if you don't like the one they listed.

You're getting ready to get into the rental business and you can use any number you like.

Get your contracts package together, and then you'll be ready when you feel comfortable in making an offer.

There are numerous other expenses, including property management, advertising, legal expenses, evictions, tenant damage, make ready between tenants, tenant screening, entity expenses, and CPA expenses.

After 20 years I'm up to 54 units and almost ready to finally give up that security blanket I call a full-time job.

I was scared to venture into the Foreclosure market but I just finished this wonderful foreclosure investing Course... so now I really ready to get my feet wet.

I'm ready to start making offers, and hopefully some of them will work out.

If you have other buyers ready to pull the trigger, cancel this buyer and go with one of them.

You need buyers in the wings ready to pull the trigger.

Because short sales are currently net 80-82% of Fair Market Value to Fannie--which is more than Fannie gets from an REO sale, not to mention that by the time the property goes to foreclosure, it's worth far less in most areas of the country and has sometimes been vandalized. http://www.rebuild.org/news-article/foreclosure-and-stripping-homes/ To ensure that the former homeowner is ready to purchase again in two years, s/he should pay all their other debts on time and use no more than 50% credit capacity on credit cards.According to the Mortgage Debt Forgiveness Act of 2007, the amount of mortgage deficiency (known as "phantom income") will be forgiven if the house is owner occupied.