Hence they may have to qualify as if they are buying and not as if they were refinancing.William Bronchick has a book called Wealth Protection (about $14 on Amazon).

I live in New York City and it is really expensive in the city by the way.....THanks to all the people on this site .By the way, has anyone read MikeOH book on Cash Flow apartment(not the title ) but is it for newbie's likemyself?

This sounds like a fun book to read.On to Amazon...John Corey

There is no one book, or one source, other than an experienced professional, that can begin to provide enough localized information to enable you to make informed decisions.Expecting that all "Real Estate Professionals" should be able to properly advise you regarding investment property is like expecting all Doctors to be able to perform heart surgery, or all accountants to know the intricacies of the tax code.

A great book on this herd mentality is Extraordinary Popular Delusions & the Madness of Crowds by Charles Mackay, and it was written in 1841!

There are plenty of content management system's (CMS) out there such as wordpress, drupal, typo3, Joomla (my favorite), Mambo, etc...Many of these can be setup very easily (particularly if your web hosting company uses cPanel/Fantastico) and there are tons and tons of nice templates around that can be easily customized if wanted.Check this option out as these CMS's will allow you to do all kinds of things and make your site nearly custom built, but still maintain user friendlyness.

I have been using Equity Trust for a little over a year. they have been excellent for processing promisary notes and so far good for purchasing non performing mortgages and realestate. they are willing to set up a LLC with check book control but will only allow lme to fund 1 and only a one time funding.

I've read allot of books and tapes (i.e.

Typically what you see is:5-10% of gross rents collected (some set minimums in addition)50-100% of 1st month's rent for getting a vacant unit rented plus advertising (high in my book)50% of 1 months rent for lease renewal (complete rip off)Some will take a portion of late fees (bad)Many will charge you hundreds of dollars to handle evictions (even though they do nothing but call the lawyer who handles it all)Typically, they also charge $25+ per hour for handyman (who they likely pay WAY LESS)The fees are never-ending.

So if someone can give me some options or some books to read or anything it would be greatly appreciated.