Hold Cost : $4,900.00Misc expenses (5%) : $7,500.00Cost to Sell (5%): $7,500.00Max Purchase Price: $91,100.00The total of these is $127,500.

Realtors are considered "experts" and they shouldn't be trying to negotiate preforeclosures because that might end up with you in court.Actually, a Realtor can negotiate preforeclosures, however, they must be totally upfront with the owner, i.e. that you intend to make a profit by reselling the property, which, of course, should be in writing.

. $1400 w/ $200 HOA($1600 total).

So, to summarize, under this structure the investor would sell and exchange into new rental property, rent for 12 to 18 months, convert it to his/her primary residence, live in it for at least 24 months, and once he/she has owned it for a total of five (5) years he/she could sell the property and take advantage of the 121 exclusion.

And even then, he says himself he did 12 total deals and lost money on 2 of them.I mean, Reagan was president.

Dave Blair out of annapolis lends based totally on the deal. www.investormoney.us7. don't feel you have to know everything before you do a deal. just start looking for motivated sellers. and network network network. there are alot of folks who'll mentor you on the fly and help you close deals you find AND put up the money.

For a total of about 26KMy neighbors had thiers done under the same grant/loan program by the same company that did my mom's house.

I know the loan may not be of interest if you are planning to sell anytime soon.As to the question at hand, If you can get 85-90% of the mortgage payment paid by the tenants, should lessen the total amount you paid for the house because for 25 years or so you are only paying 100 bucks a month out of your pocket instead of the orginal $2500 before the house was rented.Good Luck with the problem.

For houses bought for investment it is usuallynot possible to do it "no money down" unless -- I suppose--you buy it subject to and the seller totally finances it that way.There is definitely insurance you buy for each of your properties.

One community we work in has 123,000 total platted lots, of which 80,000 are still vacant.