Starting an investment company

[Matt Cramer]

Lets say I wanted to start and investment company where I purchased homes and rented them out for cash flow with opm and gave them a return on their investment. Is this possible? Has anyone else had experience doing this? Does anyone know of any books or substance I could read to show how to do this? I'm sure I can find the investors and the homes, my question is mainly on structuring this and if it has worked for anyone else?

[Troy Fisher]

Private Money Lenders.  At some point we all have OPM (Other peoples money).  You offer to borrow their money usually @ 6-8% and purchase property that is hopefully giving you returns of 12% and you pocket the difference.  I just do it with a bank.  They loaned to me at 4.5% and I'm getting 12% returns!  I pocket 7.5%  Pesky Private Money Lenders cutting into my spread!

But seriously you haven't proposed anything outlandish or creative.  It's every day occurrence in Real Estate!