I only collect the deposit after selecting someone.

. $5,000-$10,000 just in fees, then your rate is going to be 10-15% which will give you a negative cash flow with a $1500 rent payment.

I only know of a couple new condo development deals right now and that is in downtown Cincinnati at The Banks.

***About Credit Repair***If you been to our website and gone to the guarantee section of or site its says in plane simple writing this “If we have not removed enough disputed/negative items from your credit reports, you are entitled to some, if not all of your money back”.

Though I only quoted the start I encourage everyone to read the full post if they want to understand the lender's right to hold vs. sell REO property.To extend your post the auditors (bank regulators) have a carrot to motivate the banks.

With a 20 year term, this is a negative cash flow property!!!

If you consider this number, this property has a NEGATIVE CASH FLOW of $78, 412 per year!

I only wanted to point out how easy fraud can come up.Good luck to you .

I am continuing to work foreclosures but find the negative emotional side of it hard.

I would say the negative cash flow is $48 per month ($350 - $398).