I made my payment subject to the successful purchase of said property, and I charged $2,500 per property, which comes out to about 2% of the net profit.

Because if my profit is only the interest, tax deed seems like the same thing as tax lien certificate.

Actually I am looking to partner with people in buying properties and splitting profits here in the Philadelphia, Delaware County area.

Not only was it a great experience, it turned into a profitable one.

If your realtor is so confident ask him to cover your shortage and agree on splitting the profit when you sell ?...

I have some interests in real estate and have read that foreclosure is an efficient way to gather up profits.

Emerging Real Estate Markets - How to Find and Profit from Up and Coming Areas from David Lindahl.

Foreigners were only allowed to own up to 30% of apartments in each condo or development.....then.I took possession of the apartment, lived in it for a year before I sold it at a small profit.

When the closing took all of 10 seconds I decided this was a pretty sweet way to proceed.Since then I do all my flips buying for cash and then selling on "low down, owner will finance" deals that allow me to (occassionally) purchase off the MLS and sell the same day for a profit.

They will say they are new properties, and they have ready tenants, so the expenses will be low.At best, they're understating the expenses and covering the shortfall out of their profit for the guaranteed period.