Him giving you such a big rent credit is very positive.

if rent is $700/month, and the first mortage is $500, this won't make a cash flow positive rental.

Great positive cash flow.Any advice on structuring financing for something like this?

This would allow me to live in an area that I like and is convenient to my work while buying properties in areas where I can actually obtain a positive cash flow.

The U.S. net international investment position at yearend 2007 was-$2,441.8 billion (preliminary), as the value of foreign investments in theUnited States continued to exceed the value of U.S. investments abroad (table1).

The HOA might be willing to give you and your neighbors who are also affected permission to have the tree removed.Of course, you could run for a position on the board the next time around and push for some kind of resolution from within.

Here is the deal -

I have a first postion lien on a property under contract.
The house is in good condition but just needs some updating. The
house is owned free and clear but has two liens on it. The first lien
(wh...

They have worked hard to get to that position of trust.

In that case, your positive cash flow would be about $12,500 per month and the instant equity would be over $3 million dollars.

It gave me new ideas that I didn't know where available, I was able to meet alot of people that were in the same position I was in and ,the best part, my wife now has an interest in the business as well.I know this is kind of a long post.