I've been doing what you describe exclusively for about 15 years now, plus I seller financed all 16 of my rentals when I was tired of landlording.Problem 1 with doing this is your RENT INCREASES stop!

Many people will tell you that you can increase the rent and apply some of it towards the purchase price each month in exchange for the tenant maintaining the property.

I guess I don't understand the price increase

(Seasoning still applicable)* Pricing adjustments with increases to rates for investor loans.

lolI also want to remind all the members about the increased exposure you receive in your other internet endeavors by posting and taking part in the discussions on BiggerPockets.

Lee County Lee County SFR Sales August 2008: 710 Lee County SFR Sales August 2007: 424 Active listings Lee County 11567 We absorbed 6% of the Inventory 73 Percent Increase Month over Month in Sales Lehigh Acres Lehigh Acres August 2008: 124 Lehigh Acres August 2007: 61 Active Listings Lehigh Acres 2730 We absorbed 5% of the Inventory 103 percent increase Month over Month in Sales Cape Coral Cape Coral August 2008: 378 Cape Coral August 2007: 184 Active listings in Cape Coral 4293 We absorbed 9% of the Inventory 105% Increase Month over Month in Sales Fort Myers Fort Myers August 2008: 113 Fort Myers August 2007: 132 Active listings Fort Myers 2803 We absorbed 4% of the Inventory Final Notes Sales are up Year over Year.

The buyer backs out and looks for another house, leaving the investor (seller) scrambling with increased holding costs.So, any house I plan to re-sell I immediately assume that FHA & VA financing for a buyer will not be an option.

I currently own a number of rental homes and am looking to increase my portfolio.

This is one of the primary areas a good, experienced mentor can help increase their base of knowledge and give them the motivation and the direction they need to reach their goals and fulfill their investing dreams.First of all, mentors aren’t all created the same.

The increase in those policies was enough that by cancelling the umbrella, in the end I would have only had a net savings of $82 a year.For $82, I'll keep the extra million of liability coverage!