You're right that using any method you can to find distressed sellers is worth it.

Originally posted by Carolina E:Lucy Rowens it's a scam, but I would be curious how he got your info.The days of sending blanket "spam" messages are dwindling and methods to detect and discard them are making this approach less effective.The "new generation" of scammers/spammers are using "big data" to mine many social media and on-line forums to build profiles on individuals.

How do you structure a deal?

After 2 years tax returns reflecting rental income then lenders will start to calculate rental income into your DTI.Either path you choose, make sure you analyze the numbers conservatively to make sure the deal cash flows for you with however you structure it.

Typically if they cover exterior maintenance the Master Insurance will cover the structure and exterior issues (Like if there is a storm and blows the roof off you won't make a claim or deal with the repairs personally).You would need something like the HO6 mentioned earlier.

It may not be a problem now, but heads up.There are many ways and methods to achieve success in the real estate industry.

I would like to get Private Money Investors for Buy & Hold Investments .. but what is the standard ROI or deal structure for this type of funding?

(I dont have my exact mortgage/property tax numbers) and yes, i do realize things will break and it will cost money to fix but it wouldnt cost me as much as the average person.House 1 Mortgage + tax = 420Rent = 800Difference = 380House 2 Mortgage + tax = 340Rent = 750Difference = 410...Please don't take offense to this post, because I'm not always diplomatic ...Seems like you are using the Canadian HGTV programs' methods for calculating cash flow.

(You could eliminate any default penalty under the contract as consideration for the additional earnest money ;) ) Hope it works for you.If not, you may need to use the option route and a separate lease with rents paid at market rates and an option price paid as you might agree to structure the deal

We also don't know how the deal would be structured.