The more you understand about conventional business finance, the easier it will be for you to understand the unconventional finance methods you will encounter in REI.Although you will see some people on here and elsewhere who use all kinds of formulas to analyze RE deals, it's really not any harder than 5th grade math.

Feel free to reply to me with any questions or concerns!

I think her and Al Williamson have a great perspective concerning high cash flow properties in the ghetto.

Do the deal, what they do with the house isn't your concern.

These types of homes are year 2000 or newer, 3/2/2, 1700-2700 sq ft and about $120 ARV.This method has made me a lot of money, with very little headaches.So whats the problem?

All that being said I think my main concern is the boots on the ground factor and trustworthy.

Just get a quick contract between you and your friend that says something to the extent of:If the property at 123 main st closes between (buyer) and (seller) within 12 months, buyer shall pay a finders fee of $1000 to Leeta Song.You may have to change the language a bit, and I'm sure it will be 4 pages long, but that's the general method I'd go with.

This property is attractive to us because the mortgage would be less than our car payment and we could make money each month of the rent.My concern is that it is right beside a gas station, Dollar General, and they are putting in a Mcdonalds.

In as much, i've come to the conclusion that real-estate investing is probably one of the most solid investing methods to date, and now I have a problem.

He then grumbled sarcastically as he walked away that I was a real nice neighbor.I am concerned that he will cause problems.