I started to put up signs this past weekend on Friday night and took them down on Sunday night. I only had about 15 signs left when I took them down, either it was the wind or someone took them, but come Sunday calls started to come in and still going at a steady pace today, Tuesday. I should be busy tomorrow as my ad in the paper starts for a week.

As far as any deals in the making, I have three right now in the making, a lease-option, subject-to and a steeply-discounted all cash offer. I also have another possible deal but do not know how to handle it. Here are some basic figures, 5-plex apartment building, always rented out, property worth 120 000, sold for 70 000 14 years ago, 40 000 invested, mortgage payments are 1500 a month with rent bringing in 2200 a month. The mortgage left on the property is 95 000, uhmm, how does that work. I realize there are some facts that are still missing but all I got was some quick numbers and I will be talking to him today. The seller is not interested in me taking over payments or anything of that sort, all he wants is to be cashed out of what he is owed. I really do not how to approach this and if someone could show me how an effective way of flipping this property, a guy could make 25 000 thousand or so.

Thanks everyone for their time and talk to you all soon.

ON Investor