The financing makes them attractive for OOs.

There are certain areas where this does make sense and other areas like Toronto where you would never have positive cash flow.It also comes down to your investment strategy and I also believe you should start with what type of tenant do you want to attract and work backwards from there.

A fairly priced place will attract someone.And the txt messages is just a way for them to avoid speaking to you directly.

We got more detail on the property - it's a lot more suitable for an end-user who wants to refurbish it or a rehabber with deep pockets.The seller's terms are not attractive at all as they are asking for an all cash transaction with a 35% downpayment.

Who do you find more attractive - Christine O'Donnell or Sarah Palin?

If you can find an attractive large tract that can be divided fairly painlessly, you might consider buying an option on it, subdividing it informally, and then auctioning the pieces.Jon

My paypal account is in USD and freelancer account in GBP, they charged me a very high exchange rate that astonished me.

Thus, it doesn't attract a prospective renter when s/he arrives at the property.I don't think the seller will accept 50% of current FMV.

So do you think that if I put toghether a good business plan and show that the money works out I might be able to attract some HMLs with no skin in the game in this lending enviroment?

In another thread on the forum I just wrote about my experience at age 23 of being a stockbroker and how the manager was a short sighted and wanted us all to mainly cold call to get clients.I was better with face-to-face introductions and attracting prospects to me instead of me hunting for them with cold calls.A couple of years after I left being a stockbroker I stumbled onto Stanley's book "Networking with the Affluent and their Advisers".