no Bill I have not stopped mentioning you, I only mentioned people that have done many lease option assignments, I love ur posts on the intricacies of option to purchase contracts tho. :)I find it interesting that many lawyers do not fully grasp option contracts, were they sleeping in Contract Law classes?

Check out a few rule of thumb guidlines suchs as the 1% or 2% rule and the 50% rule.I like your mindset with considering selling your primary to get into a milti family but keeping negative cash flow is not a good option and can likely lead to a huge liabilty.

Clinton please be more specific.You could have a mixed use of 100,000 sq ft or 1,000,000 sq ft.Some really large projects can transform a whole county or city.Whether it's a positive or a negative depends on tons of factors and how you see it.

You offered $30k to take over a Negative $110k equity property, putting You upside $140k without considering any selling costs.

I only do same day closings. 2 weeks or longer is a totally different animal.

To me it seemed like he emphasized the negatives and grudgingly threw in the positives, because he had to.You're a gracious person to give him the benefit of the doubt.

Hi BP,I am a fairly new investor, I only do this part-time at the moment but I manage and do all of my own work.

Great tenants = $$$ , raise the rent , and possibly give another landlord great tenants , re rent the house , get crappy tenants who dont pay the higher rent and trash the place = negative cash flow .

I know next to nothing about commercial investing as I only buy multifamily residential.

We purchased a list of pre-foreclosures in a 5 mile radius which included a column that shows equity. Almost half of the houses have equity less than 100 percent all the way down to -68 percent. My question is whet...