I prefer to do this type of referral in private because there are so many folks who would say I referred, and when I next speak with that attorney I have no idea who the heck they are saying I sent their way ;)

Louis since most people on BP counsel against buying negative cash flow for hopes of appreciation.I'd love to hear your thoughts!

Using the 50% rule and a new >$800 PI payment you are ranging from several hundred negative cash flow to maybe $100/month if you happened to score one of these deals in a slightly higher end town.Obviously if you just did $50K of rehab you should cash flow much better than this the first several years as repairs and capital expenses should be low, but in the long run you need to account for them.

If u would've asked this question back in 2004, most of us were being trained that a negative cashflow is ok.

Joe, is there a reason you incorporate a question with a negative response. i.e.

I'm sorry I'm still not familiar with who was speaking, but I heard one of you speaking about meeting up in New York with some members on the 14th?

And these were often interest only, or even negative am loans.

I saw Robert Kiyosaki speak a few years ago and one of my favorite quotes was " Buy Forever, Sell Monthly".

If you get NEGATIVE cashflow, I will likely NOT do the deal.

what are the positives and negatives of this?