How would the mortgage products be for a secondary home since it would be my Mother and myself on paper for the loan and we both live in separate states from the property.

Is there a posibility that perhaps one or more of the seasoned investors were to write an article on how to do a Lease Option transaction....outlining all the steps from beginning to end?

Cash is king.In commercial real estate the transactions involve larger dollar amounts than most residential properties.

Don' t use the local classifieds anymore since it is expensive and non productive.

Make a whole lot of friends around the world and of course do transaction with all of you too.Wesley, if you need to pick at my brain i'm here....

I'm happy for your first transaction.

But it's a great way to gain access to mls and juggle commissions on sale and purchase transactions.

I am a investment real estate agent so I see a lot of these type of deals go across my desk everyday and what I would recommend is that you evaluate several different product types for example apartments, retail (shopping centers), office, and industrial properties.

From what I understand one must be a licensed entity, an actual participant or contracted by one of the participants to the transaction in order to appear on the HUD-1 statement.

For example set a goal to earn $7,000 to $10,000 per month then decide how many transactions and what dollar amount it will take to achieve that goal.