My question to fellow members,is it possible to get 100% financing for Residential REO properties... without the need for such personel docs such as Tax returns,Income,Credit score,etc.I guess I am looking for a True Asset Lender who looks at the underlying property,rather then the individual.....

My friend tells me I want to get at least a 10% Return on my money.

Ultimately meaning your returns are infinite.

entering into an agency (agreement) with real estate broker that involves you as a buyer simply means that the broker is working on your behalf - meaning - you're the client and the sellers are customers.a broker or a sales agent that you enter into a buyers agency with simply give the broker of record an exclusive right to help you - you can't go off and close on real estate without them - for you, this type of arrangement is good because you have the piece of mind that the broker/agent works for you (you hope - even with agency sometimes agents get mixed up with this because it's the little things that make or break agency).as far as using an agent - they might be able to run comps for you, let you know certain things about a given area pertaining to rents, values, general info about the locale that may help you find the best for YOUR money.know this about co-ops - you're not buying real estate - you're buying shares and in return you obtain a proprietary lease to a unit which is owned by the corp.

And let’s say that returns 8% (the standard that I see everyone use).

I would recommend that you factor a income/expense statement on the property to determine your cash flow and your cash on cash return.

A rental comes down to how much you personally determine is enough to be making on your money or your Return On Investment (ROI).

i just joined a refferal team to help homeowners in forclosure, i need to generate my own leads, if anyone has clients that may need help, can you reffer them to me. in return if we cant help i can send them back to you, or if you buy foreclosed homes and i cant help them, i will again reffer them to you.

i had a guy in florida try and tell me the following:buy SFH 209,000 - new construction.at completion - "value" will be 252,000he tried to tell me that with an ARM of like 3% for one year - with a negative cash flow of about 6000 a year.in two years i could turn around and sell it for 270,000so that's negative cash flow - 12,000.the down payment was of course ridiculous like 1000 bucks - with all this "great financing".so that's 13,000wow for an investment of 13,000 - i would make over 50,000.in the salesman's words - for 13,000 investment for 50,000 return - that's not bad.BE CAREFUL when you're considering your investments when you're new.

Or, are you supposed to return the whole security deposit back to the tenant.