So in other words I'd be able to rent without paying any extra out of pocket from what I'm paying now , the interest income would make up the difference, and I wouldn't need to touch the principal from the sale of my townhome.

A logo would certainly add a little extra, I'm sure.

I'm a 20 year old college student so while i work on my degree at UM i want to buy a property (in Coral Gables hopefully) and rent out the extra bedrooms.

Most will "withdraw" the listing which doesn’t eliminate a commission earned if the seller sells you the property.That doesn’t mean that you cannot buy the house, it just means that the Broker has a right to collect a commission assuming they used an Exclusive Authorization and Right to Sell from the seller.There are basically 3 types of listing agreements two of which give the seller the ability to sell themselves without obligation to pay a commission...

Then he can start new.So watch for the likes of Citi Group over the next earnings season.

She leaves what is left of her tips for Ralph, the bartender who is working a second job to make ends meet.Ralph gives his meager earnings to his wife, Amber, who is desperately trying to stave off foreclosure after their ARM ratcheted upwards.The shareholders of the electronics store and casino, as well as the bar owner, invest their profits.

That's going to make your expenses more like 65-70% of rent, if you just increment the 50% rule up by the "extra" taxes.Jon

His hope is to purchase and rent at +cash flow, and use that extra to first pay off the existing mortgage, then the new one.

Jon, i don't have time to devote to 1000's of leads...i'm trying to pursue a music career and use real estate as a supplement..the wholesaling thing is just a way to generate extra income..so i'm happy w/ 100 or so leads even though the most i ever got in a month when i was trying to actively wholesale was maybe 15. who are the NOLA people u refer to?

Got some interested parties, so I'm hoping to do just that, and pocket that extra 50-60K..