I am wondering how do I calculate the cash on cash return?  

I am a huge believer in actually renting them to get the best return. 

I analyze properties based on cap rate and cash-on-cash return, have you considered those tools? 

I use the P&I payments on the upb to calculate my annualized return on a reperforming note, but I use the estimated payoff to calculate my overall net profit should the loan payoff early or go to foreclosure. 

Also, since my cash on cash return is not stellar, should I just pick my percentage of return and just work backwards to figure out my max offer?

Obviously for someone that invests in RE all the time, a 10% return on a 90% LTV loan will not be enough juice for them.

I figure that since the Chinese are getting rich off of us, we can at least get rich off of them in return.

And first name is not RAM as in Random Access Memory it should be pronounced rAAm. ;-)Cheers!

That is based on recent events as well as past.SO, if the all bids go from the recipiants hands to another board member who copies them and returns them the next day, do they invalidate them as "sealed bids", can any onf the companies logically come back on us and cause problems because of that?

So your cash on cash return is 1.04%.