That interest can be a contractual interest (you have the property under contract) or you actually own or have title to the property.A wholesaler in a nut shell puts property (normally distressed property) under contract and assigns or resells the property to another investor.

A small rental property is normally a very safe and easy way to get acquainted with this whole investing thing without taking too much risk.

Normally investors don't see a need for real estate agents in their transaction.

They normally don't care so much about your credit, so good credit doesn't mean much.I would recommend that if you have 60K liquid with good credit that you approach a banker in your local area about a commercial type loan.

I do think that most female Realtors seem to relate more to wife's of buyers just because they can see the house the way it could be as opposed to a man who will normally look at the mechanical and structural aspects of a house.

I use a percentage for vacancy and for maintenance (normally 10% for each), but if you are referring to PITI (principal, interest, taxes, and insurance) than the rent has nothing to do with it.

Normally I would say play nice and explain the BENEFITS that your repairs would make, but if your tenant is reciting CA code (accurate or not) then they are way beyond this.

I wish I could provide more details about this but it is normally a commercial lender that does these.

They then usually list the property through a realtor.A short sale is a technique in which the seller still owns the property but is normally behind on payments or facing foreclosure.

A Pay Option ARM is an adjustable interest rate loan that you normally have atleast 3 payment options on.