The powers to be are trying to discourage flips.

The listing agent bears a lot of expenses that the buyers agent doesn’t have and will end up making less than the agent who brings a buyer.

But please bear in mind I put 40% cash into the purchase.

NY requires me to put them in a seperate interest bearing account in the tenants name.

I would not want to see our right to bear arms taken away - any rights from the bill of rights.

Bear in mind college units tend to suffer a bit more wear and tear then the average market rate rental.

All of my contacts at Bear Sterns have been resituated at other institutions and I now have more opportunity than I did then.

That was a long time ago though, but I doubt if the laws have gotten more landlord friendly.What the house is being "sold as" has no bearing, it's present use that holds.all cash

Not reinvesting profits.Bought a duplex with a cottage in the back yard which turned out made the financing very unconventional causing me to have to search for a lender who would do the cottage as a portfolio loan and bear another closing for the duplex.

Made a profit W/O coming out of pocket.....So if your a broke *** college student like I was, who was good at paying interest bearing bills, Try this one out it might work....If it doesn't, the consequences will be utter chaos, yeah-Art