For example, after looking at the details of the listing what dats do I collect first?

If there is no offer, then it sounds like a dirty "collections" trick to me.

Interest will vary but will run from 7% to 8% most likely for a fixed rate.They will require the following info:Balance Sheet2 Years Tax ReturnsRent RollProperty Info - what it will appraise for, the loan amount your asking for etc.To qualify you need a credit score above 620, debt service coverage on you properties 1.2 or above, enough cash reserves for the number of properties you have.Appraisal and attorney fees are paid for out of the closing usually.

You'll lose your rent credit, but you've collected the $200/month.

The Weebly site is fairly basic but it does allow you to collect names and direct traffic to your "real" website.Hope this helps!

You say debt is $6000/year and the loan is six months behind needing $3000 to bring current.

It seems the downpayment with my end buyer is as ggod as an assignment fee but then I get a little bit of spread on mo.income vs. mo. debt and I get the spread of the sales price when the end buyer cashes out so it sounds really good but what am I missing?

They do not get involved in collecting payments, they just match buyers and sellers and receive half the option money..... then they are done.

Collect the rent for most of the next 2 years and then sell to an investor at the end of 2009.

in about a year i should be making 60k+/year working around 30hrs a week with zero debt.