., the ones that we didnt like, but added to a list, just incase that it might go for some ridicluas bid., never know..

I mean you spent $265K for a rental... don't you don't want to pay an extra $265 for new instead of used?

. $212,000 loan @80%30 year fixed, fully amortizing using our Paper Saver process - like stated income but no charge for it6.375% would cost you 1.00% discount point - 6.532% APR$819.80 total lender feesIf you consider an 80/5/15 - where you put 15% down instead of 20%$212,000 loan @80%30 year fixed, fully amortizing6.375% would cost you 1.00% discount point - 6.532%APR$819.80 total lender fees2nd lien of $13,2508.375% would cost you 1.00% discount point ($132.50) 8.513%APRno extra lender fees on the second.So you save $13,250 and have an additional monthly payment on that second of $100.71 per month which means you break even in almost 11 years.

it's not just about reading books about real estate investing and asking questions about title insurance, appraisals and contract clauses.it's about going the extra mile.

They will also charge you extra to fill any vacancies.

Tom, Please chill with the ads.

And even if you find a private/HML that won't care about what kind of reserves you have, it's still a very good idea to have the extra money at hand.

I now have back my initial cash investment of $20,000 plus a little extra.

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right now I am looking into buying and renting for starters. i work fulltime in IT, but why not make extra cash:) then eventually I would like to rehab and sell.