What's the best formula for finding a positive cash flow on a deal ?

It really puts alot of things in perspective, and for me it has greatly improved my life in a positive direction, in all areas.

Not positive if they do Texas deals, but they go 65% LTV on ARV.

If someone was to buy this property from me at 425 000 they would collect about 2500$ a month in rents, wich we all know is far from positive cash flowing, but this is an up and coming area and people buy for the long term appreciation (and im keeping it for the same reason too!

(c)What one aspect of yourself could you change that would have the greatest positive impact on your future.

If you work fast in a slow market, you can positively influence that market and in time even make profitable deals that can help you grow.

Mike- interested in a negotiator position earning more, using your loss mit experience?

If you can pick up a property cheap enough, find good renters and create a positive income stream.

find out what the payoff is....add 10k moving expense....thats your lowest possible purchase price unless you feel the homeowner is in a position to take less than that and bring money to closing....doubtful it would seem.if 80% of the arv is greater than the payoff plus 10k, you're making a profit as long as your buyer is willing to buy the property for 80% of the arv.

Perhaps for a small fee.You want REO -- google specific real estate agents in your zip codes who have been positioned by a lender or lenders to market the REO.