If any cash would need to be due on sale, using a hard money lender and negotiating the terms with them would be an option.I crunched some numbers the other day, and, judging by rent prices vs. home values, I think obtaining a home at 20% under FMV by negotiating with the lender, extending the length of the loan out as far as possible, and having interest-only payments for the first 5 - 10 years would produce a fair amount of positive cash flow.

The first one I found a T/B for and got $2,000 option fee and am collecting $975 per month, this is a 36 month term.

Working out the nitty gritty details now and hope t have a signed agreement shortly.

. ;) The book that got me started taking action was "Secrets of the Millionaire Mind" by T.

Being able to obtain financing within ___ business days etc2.

What you want is a house, but to get it, you must obtain a mortgage.

-Am obtaining all the forms I would be using.

I am currently working on my Web-Site (which you can read more about in the making deals forum titled "Hard Money Financing Needed") that will allow private investors the ability to obtain wholesale properties.

Hopefully we'll have a better chance of obtaining the property before other investors get the opportunity to bid.

As long as you have the required amount of entitlement remaining(25% of 407,000 in most areas, significantly higher in others) than you can obtain another VA.