Combining the two, I build simple mini-sites and use SEO strategies to drive highly targeted traffic and generate sales commissions.It's a fantastic way to earn passive income.Of course with SEO, a lot of research needs to be done.

I hate to sound like a jerk but I can't help but blame the homeowners mostly; I'm sorry but don't take on a debt if you cannot pay it, or do not understand the terms of it, this is so basic.

I see this as $1,000 a mth rent and deduct 50% for maintenance & vacancy which leaves 500 a mth minus your debt service = +$340 a month is a good deal

However....The rub is that I've got to finance the dp with an existing HELOC on my home...a risky endeavor that I've asked about once on this forum already...so I'd be paying debt service on the dp as well.I'd love thoughts on this.

While they will let you hold title in the companies name, you will still need to personally qualify as a principal in the transaction.Anyone who owns a 20% or greater controlling interest in that company will have to provide credit, income, and asset information in order for the loan to be considered.Depending on Debt Service Coverage, LTV, experience, etc... you may or may not have to Personally Guarantee the loan itself.

The government- sponsored enterprise known as Farmer Mac said it boosted capital by $50 million after issuing preferred stock and retiring other debt.

It grosses ~$17K/month and cash flows approx $5K after debt service.

I think the biggest problem would be coming up with the 20% needed to make these numbers work.Purchase Price:$2,350,000Property type: 72 unit ApartmentYear Built: 1970Rentable Area: 58,211 sq ftLot Size:: 124,823 sq ftCurrent Occupancy: 89.19%Purchase Price: $2,350,000Assignment Fee1: $100,000Cap Rate2: 10.77%Net Operating Income3: $253,078.29Pre-tax Cash-flow4: $102,986.01Earnest Money Deposit5: $21,500Down Payment: $470,000Loan Amount: $1,880,000Amortization Period: 30 yearsInterest Rate: 7%Mortgage: $12,507.69Loan To Value Ratio: 80%Debt Coverage Ratio: 1.5044Unit Mix: 24 1/1.5, 47 2/2, and 1 3/2Scenario A:You'll purchase the property at a 10.77% cap rate (based upon his actual numbers), DCR of 1.6862 (assuming you get financing at 80% LTV with 7% APR); and you should receive an annual pre-tax cash-flow of at least $102,986.Scenario B:You could increase your cap rate to 12.1%, your DCR to 1.8949, and the yield of your annual pre-tax cash-flow by nearly $32K simply by reducing your vacancies and collections (from nearly 11%) to 5% of the gross rents (which is the norm for that area—so it's doable).

Even with a few months vacancy, at about $250 a month debt service, it's not too scary!

Rent = $850/month Expenses = $425/month (includes taxes and insurance) NOI = $425/month Debt service = $166 (just the P&I payment) Cash flow = $259Those taxes are horrible.