Our landlord pays a portion of the utilities, we've viewed the bills and the usage has been cut in half since we've moved in.

I read an article that quoted an un-named source saying that GE Capital is trying to get as much money by 12/31 as possible-even giving salespeople incentives to talk customers into refinancing to another company or close accounts--in stark contrast to how they've been trained to get people to borrow more in recent years.

The area can support rents (in a comparable property) of 850-1000$/mo + utils.

HAS ANYONE UTILIZED A LETTER OF CREDIT TO PURCHASE REALESTATE?

My name is Katrise, I am a real estate investor currently in the Baltimore MD area, I focus on Short Sales, Wholesaling and other profitable facets of real estate, I also help other like minded investors get educated on the many different ways so utilize this "bad market" in order to make them the most profit.

I have had a tremendous wholesaling business utilizing the Detroit market the past 6 months.

To utilize cap rates in your favor, you have to really understand cap rates and the market in which you wish to invest.

Internal Revenue Code § 453 defines a dealer disposition as Any disposition of real property which is held by the taxpayer for sale to customers in the ordinary course of the taxpayer’s trade or business.

If you have no revolving debt you need to add a credit card or two, but if you have a few adding more probably won't help your score alot other than by lowering your utilization, the total percentage of available credit being used.

State fees are unavoidable no matter how anyone files their entities, and S&H must be charged to cover the costs for multiple UPS shipments (for tracking since these are legal docs) between MyCorp, the customer, and the state.For more detail on what *is* included at no charge (quite a bit): I posted a classified in here last week that gives the specifics and the link & phone# for more info.