I am looking into becoming a private money lender for a real estate investment company who secures their loans by placing the lender as the 1st lean position and uses a "Reverse Quit Claim Deed" to avoid the necessity of foreclosure proceedings.

It has the potential for positive flow if I play my cards correctly.

Believe it or not, you kind of need a thick skin to do this because you’re going to hear all kinds of stuff, some of it critical, some of it positive, and some of it a little nuts or pretty far from objective.

I'm happy, positive, easy-going and of course excited (can't you tell)!

For example, if your goal is to generate $ 100/month positive cash flow after all bills/mortgage payments/maintenance reserves and the price is 1/2 what the asking price is, then that is your highest offer price.

I was hoping to get some experienced investor opinions regarding the concept of receiving less cash flow( but still positive), for the potential of a huge increase in value not so far down the road.

In fact, you would probably have a better chance of winning the bid if you did (because the agent would be positioned to make double the commission)!

I am in the position to pay cash for one property in this price range but realize that wouldn't allow my money to be working as hard as it could compared to leveraging the bank's/lender's money.The Question: To those creative and experienced out there, I feel there might be a solution to my goals in buying my first investment property in cash.

hey BP,I've got two properties I'm looking at, both selling below appraised value, and both cash flow positive within my criteria for the local area.

On the positive side, you're shopping the competition and getting a much better idea of your market, property condition, etc.