All Forum Posts by: Chuck Redman

James Vermillion That makes sense!

I have read this to mean that they did not receive offers high enough to meet their "minimum acceptable bid" and they are asking the ones who submitted bids to re-offer with their highest bid based on the assumption that their first offer was low balled.

From her input I have read she will be an asset to the team! Congrats Karen

I understand these loans can be used to finance say a duplex and you can live in one and rent the other.
My question is this requirement for the life of the loan? What if 2 years down the road you decide to move to a new property and want to lease both sides of the duplex. Do you have to refi?

Wow!!! That's a new one. Lol

I tell my children all the time..... An education is never a waste of time!! Education is an investment into your future!!!

LOL James Vermillion

I look forward to the replies to this.

Bill W. Thank you for the information and link. I have never considered MH REI. I will have to look into it.

@Bill W. What kind of licensing does Texas require?

Brian,

I am new to REI and I feel a mentor is invaluable! I found my mentor from networking and he is NOT charging me a dime!! He is helping me because he sees the true desire I have to learn from his experience. He is a multi-millionaire with many years of experience and owns a lot of real estate. We are getting together again this afternoon to discuss how things work and look for a property to work on together as my first project.

Best of luck to you!