The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: bentway who wrote (28055)	7/6/2011 1:50:48 PM
From: John Vosilla	Read Replies (2) of 119361

Hunt for immediate equity and positive cash flow in this period of many distressed situations. Structure deals where the tenant will pay off your mortgage in less than seven years. See what works for you based on your experiences, comfort level and the dynamics of your local market.. Trust me it isn't all about having the cash. Knowledge and positive energy will take you farther in the long run.. It sure helps don't get me wrong but the competition in the cash flipping game at auction for fast profit is as fierce as ever. Work the numbers on this simple example of having $100k buying 10 homes for $50k with 20% down owner financed and renting them for $800 a month. In 7 years you got more than your investment back in your pocket in free cash flow, 10 free and clear homes with equity perhaps $750k+, free cash flow of $80k a year plus the rest of your life with most all of your winnings sheltered from taxes and the ultimate multiple hedges against inflation and currency debasement.. creonline.com creonline.com

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