You'll have to actually come up with the financing to buy the house, then turn around and sell it in a totally separate transaction to your end buyer.

I've done well on associated content - google/yahoo indexes them pretty fast if you're good with your keywords/topic - AND they pay you based on pageviews.

Hi all,

I suspect my understanding of liens is faulty, otherwise someone else would probably be doing this already:

Search county tax rolls (many of which are online) to find delinquent/forfieted tax properties in ...

Many of the houses I would consider don't need total gutting and much superficial work like removing the god awful wood laminate flooring and the like.

What is the content of these letters you send?

This is what it looks like.6plex Sales Price $325,000 Loan Amount $260,000 Interest Rate 7.125%Term in Years 30Loan to Value 80.00%P & I $1,751.67(This loan is through an Alaska housing program for which both this property and I qualify for.)Total Rental Income $57,600 Less Vacancy 10.00% -$5,760Adjusted Gross Income $51,840EXPENSESTaxes $4,584 Insurance $2,580 Utilities including Refuse/Cable $9,661 Management $4,725 Maintenance & Repairs $1,000 Replacement Reserves $1,800 Miscellaneous $1,000 Total Expenses $25,350 Net Operating Income $26,490 Total P & I $21,020 Net Cash Flow $5,470 = $455 per monthI know that the cash flow doesn't look that great with the property management cost but it is required to be factored in for this program.

i was wondering - if i have 3 rental properties that bring in say, $1000 a month each - $500 of which for each house (or $1500 total) a month goes to principal, does that mean that my tax break would be $1500 x 12 for the first year?

The total ltv is around 55%, he has good credit.

The last assessment was for a total of $144,700, building value of $78,100.

The house was a total rehab.