Now it's later and I'm sitting in front of my laptop and ......This is where I start getting a bit confused, what information would you look for or what steps would you take to see if this is a good property to chase further.

You could be sitting in a goldmine market of foreclosures that are great deals, and you just have to uncover them.

Brush it on with an old, reasonably clean paint brush, leave it sit for a while, scrape it off with a putty knife.

I have already asked this question a few months ago but sitting here on the couch something dawned on me.My original question was can you qualify for a fha loan while you already have TWO other mortgages that are NOT a fha loan.

Both had extensive legal fees and hemorrhoids from sitting in interrogatories, depositions, and trial.

Hey folks,I'm still in the early stages of finding my first investment  (getting a few pre-approvals, saving $ and reading everything I get my hands on)My question is probably a silly one, but... am I right to question a listing that sits on the MLS for any more than 30 days in the metro area?

If I did have a large wad of cash sitting around, this property would look like a much better investment, even at $150K purchase price - the monthly cash flow would be around $950, ROI around 7.5%.

Our hourly income is so high that I could never even consider working for anyone else (since I dropped out of college and lack the engineering/accounting/medical degree I'd need to make more from a job).When I started the business, I had imagined I could grow to several trucks run by lower paid guys, sit back, and enjoy a passive income.

The seller has just been letting it sit at her fax machine, waiting for the escrow officer he is comfortable with to return.

Buy a house, rent it out, sit back and get some cash?