so a plan and decisive leadership is better than the nonsense that we have seen over the last few years.Our own investment strategy has even been put on hold because of the sub-prime issues in the US and right now we are starting to feel the pain....hopefully the crucible of democracy can deliver on the principles espoused by the President-elect!

As when wolves are allowed to guard the hen house, it seems irresponsible to commit over $4,000 per taxpayer to an exiting administration possessing the same deregulatory principles that played a major role in the creation and neglect of the current economic crisis.The Treasury Secretary’s deregulatory ideology was overwhelming, and therefore diluted when the details of the $700 billion were expanded from a 3-page proposal to over 450 pages of implementation regulation.

Lets say you offer 30K on the 35K property, with a 2K down payment your principle balance is 28K... then offer to pay an OBSCENE interest rate... like 20% amortized over 20 years... that would be a total of $114,161.01, With a monthly payment of $475.67.

And not the multi-thousand dollar mastery classes you hear about on the radio and tv but a real estate principles class at a local junior college.  

Then at the maturity of his investment we will pay off his principle ballance and hopefully get a new commitment for the next year.Does what I'm saying here make sense to anyone.  

My investing path is half determined by the principles/goals I've set forth, and half determined by what actual deals I can find :)

Your rents are probably like 3700 a month (I'm doing very rough top of the head ballpark math) but your mortgage payment (at least the principle and interest) is the same. 15 years in you owe about 115K on the place (assuming you put 20% down) so you have about 260K in equity.Lets assume you never saw a red cent of cash flow despite the fact that your mortgage payment stayed the same while your rents increased.

My credit cards do have a high interest rate we calculated that by consolidating the debt into a 4.5 to 6% interest loan we can save 700 a month witch we can use to build a cash reserve to get started or put toward principle.

Apply the KISS principle.  

On option B, not only are you getting the $1000 in cash flow but ALSO the principle payment too!