How many transactions have you done since then that she never saw a part of and I bet you won't be referring her either.

There is definte risk to consider if you're purchasing property with your bet on the park.

And, I don't think Cerberus should get a dime - they made a bet and are losing (although, their lawsuit against Daimler argues they were given misinformation).

I have my eye on a bank owned property that is listed on the MLS at 80% of market value but my offer calculated based on the 50% rule would have to be right around 50% of market value.

I know some people use the MAO formula, and calculate the 65%-80% of ARV, minus repairs.

Calculating a rate of annual appreciation or gain between 2% and 10% using increments of 2, your actual total return in real estate is always 5 times greater than the return on stocks, considering all things being equal.

Best bet is to hand in your lowest offer and get the bank to start the short sale 'process', b/c that could take about 4-months for approval.

One of the local investors in my investment club suggested that my best bet is to assign 40 deals this year and while doing so help to restablish my credit score and finance?

Generally speaking, you want to have enough to cover ALL of your expenses (including financing) for 6 months in a reserve account.Many others make sure to calculate into their monthly expenses, items like vacanies, capital expenses, etc. so that each month, they add to their reserve.

How does that investor make it a safe bet for you?