If you want to make money on the rental, or even to just avoid losing your shorts, you must figure that out.Then, assume your expenses will be 50% of the rent.

People can and do lose money - some lose a LOT of money.

How does the current mortgage crisis affect a potential homeowner's views of doing a lease purchase deal- does the current market scare them away, or is getting into their own home more important than possibly having the house lose a little bit of value?

Who loses--the loan applicant, right?

If your mortgage is $600 a month, your losing $238/mo.

The guy has screwed his credit pretty hard and to avoid losing the property he will be cashing out the equity through the sale to pay for certain upgrades.

You could lose the liability protection.Originally posted by "loki005":5.

Basically you are giving this man a chance from losing his home, with the intention of buying it back at 367k (75%) + 49k (10% of house value?)

Philadelphia had aLOT of luck on their side to get to the playoffs, and are constantly in the position of "We need them to lose, so we can gain."

If not, I personally would send them an offer with the assignment clause, you certainly don't have anything to lose.