Its on my profile or you can email me at the email address below in my info at the bottom of this post.

Which I'm happy I did.So the bottom line is no, It doesn't work.

Bottom line is you need to understand the market your working in to be able to spot deals FAST.

I guess if I waited until the market hit bottom and was in a total buyer's mkt with desperate sellers I might be able to pull this off.I don't know... maybe I should just exchange into a multi-plex (that I own in full) and buy the SFRs that I want with other cash.

Now they’ve been forced to lower prices and that is killing their bottom line.

I suspect it will do more good in the long run than the $8,000 first time buyers credit.People who have owned a house for 5 years are going to be more financially stable than first time buyers who can't get together a down payment without the government chipping in.I know a few people (lots of people) who have told me they want to buy, but they are waiting for the bottom of the market.

Bottom line is looking at it from a " great deal " on developed land and am interested in someone to shoot holes ( or say go for it ).Also, my long term goal is to get into development and as there is no market now this could be a way to get in now for a future project.thanks for your help.Branham

The bottom-line is performance, if you have the ability to close, have a a 7 day due-diligence period, and have a finance contigency, you should be allright.

If you have a billion dollars at your disposal, your not only worried about cash flow, your worried about performance (top line and bottom line), quality of portfolio, number of units, etc.For us individual investors it is about capital preseveration, hence the 50% rule, 2% rule, Mike's rule, etc.

Bottom line, find a good team or pt person whom you can trust to handle your out of state investments.