Therefore, to determine your cash flow, subtract the mortgage payment from 1/2 of the gross rent.You should also be aware that the vast majority of people who lose their house to you will not be able to buy it back.

and also, I would like to invest more and more time in this new business and less time in my current job, meaning maybe losing my Visa.

The rental market is definitely picking up as people lose their homes.

It is a lose-lose mentality.Originally posted by "tessvis":Last year I purchased a house through a supposed "mentor" for 198k with a Section 8 tenant.

What I'd like to do is set up a FAQ-esque page, where we can categorize topics and sub-topics in such a way that users can easily find some of the most asked questions.In time, we'll get it together.If any of you want to help start to get it together, that would be amazing!

I know everyone uses the rule of 70% but in some cases that flies in the face of reality.You were the first guy on the scene and he spoke to you,CONGRATS, now get him on paper.The owner right now has options and if you low ball him you lose!

If there was another project they wanted to get started on they might be motivated to cut the price, dump the property and then move to the next deal rather than lose out on the future deal.John Corey

I don't want to lose $110,000 in equity.

Even if you could get $1,400 per month rent, this property would lose over $700 per month!

This allows you to move your properties using the Land Trust procedures.Transferability of Title: Holding your properties in a Land Trust creates one of the greatest benefits, and that is to Easily Transfer your interest.