Personally I think it sounds like a fantastic idea if it is profitable.

We OVERESTIMATE how it is going to be so easy to make this a fantastic deal- raise the rents, cut expenses, change reputation of building, etc.

[/b]I especially like that in the press release, we have the following line:“It is my firm predication that 2007 will represent a fantastic buying opportunity for real estate investors, and the months of December and January are a great time to get started,” Minton said.on your message, it has been altered to say:“It is my firm predication that 2007 will represent a fantastic buying opportunity for real estate investors, and the months of December and January are a great time to get started,” Adams said.Ripping people's original work off is not Cool!

They have strict guidelines to how they do business.

DPA as discussed here is not a misrepresentation when the lender’s guidelines clearly state (in fact they promote the fact) that they do not consider the source or seasoning of down payment funds.

However, before trying to claim more than that you had better be sure that you meet IRS guidelines.

I told my two RE Agents which are my husband's cousin and my uncle that we can split the profit in half if they can also help us find buyers or we can pay them a commission according to their Realtor guidelines.

Thanks, everyone, for the fantastic information.

Appraiser have many guidelines to follow, try not to question adjustments.

Assuming 2% rents and the 50% expenses guideline, you're negative $75 a month for your first 10 years.