All Forum Posts by: Mike Lowry

Just because an " Attorney " is licensed and practicing... is not a way to hire an attorney for your needs in any situation. If attorney's were versed in Real Estate they are an investor.. as the costs ( of time and business expenses are LARGE ) and PROFIT of LAWYER FEE'S time for LEGAL WORK is far less ( AFTER YOUR COSTS ) than what just one small real estate investment deliver's !!!! NO... libraries including LAW LIBRARIES for your CITY, COUNTY,STATE are FREE !!! Also the web is incredible as many books ( IN LIBRARIES ) are available FREE online... EDUCATE YOURSELF !!! If that seems like too much " work " or effort for you... YOU WILL FAIL AT ANY BUSINESS . Making increased income revenues... is more EDUCATION than time or work.. Again if you DO NOT GET EDUCATED to > CONTRACT LAW, REAL ESTATE LAW, TITLE LAW, CONTRUCTION and Land Developement and Utilites ... AND MOST IMPORTANT " Marketing "... you will fail .. or worse get into LEGAL ISSUES that lose or cost you BIG TIME.. instead of profit in your pocket. wORD to the wise and from a successful investor since 1985. A profitable smart investor ... pays for Escrow and Title Company and Notory... as standard " costs " that are part you need to include into any REAL ESTATE " Deal " you intend to be part of for success...everytime. KEY TO SUCCESS > " Never, ever, stop learning... "

Go for it.. not a bad thing if a lender turns you down...as not good on the lender's sheets or policy of lending. If turned down.. seek PRIVATE INVESTORS that loan on the property ..and if you default the private investor gets the GOOD DEAL PROPERTY that you worked to find and purchae and.... they just get the property with no black mark on your credit report and lessons learned..  BUT they will not lend IF YOU DO NOT HAVE A GOOD DEAL by the facts of your research and that is a good thing for all concerned !

Try another property.. and be successful from the lesson learned...eh ? Definatly a good thing !!

Oh hey.. just found that when I clicked on you.. got to be able to write note to ya eh ? Help on this org is slim as uses. DAVID LAND aka Mike Lowry Longtime investor Colorado. Ask anything.. may be able to help from my experiences. Cheers !

Hello, the question is not valid unless you have researched the title. Have you as yet ?

oH.. WORD OF WARNING.. COGO is an Investment Educational Sales group... DO NOT... I REPEAT .. DO NOT BUY any " How to " type of stuff.. unless your a newbie. I bought $1.95 one page " Educational iNVESTMENT SECRETS " DOC just to test out the stuff... total worthless CRAP !!! However.. have gotten a couple very large loans approved for " PROOF OF FUNDS " WHOLESALE Purchase contracts in Real Life. I recently went to a seminar in Denver.. another waste of time at no cost unless your a NEWBIE. However.. met one of V.P. LOAN ORIGINATORS.. and was worth the trip but did not participate in the " FREE 3 DAY SEMINAR " as I am a successful investor of many years. Just contact and call about your funding needs... worked for me.

Try these guys otherwise known as " CoGo Investing "   > ASSET BASED LENDER I have gotten 2 lines of credit for Commercial Property so far.. CLICK HERE https://securedinvestmentcorp....

Hey Daniel, your just plain ignorant bout' business law and contract law from your conclusion/statement about LLC'S . There is so much to learn.. BEFORE you do your 1st, 2nd, 3rd Real Estate " Deal " ... or you will end up in some type of legal or financial troubles. Really, not an insult to you but safe advice. Kinda like getting your driver license.. without knowing the " traffic laws " you may be able to drive ok.. but when you get pulled over by the cops they will explain what traffic offence you did not know your getting the ticket for.. eh ? Libraries and the web are FREE EDUCATIONAL RESOURCES .. to learn, CONTRACT LAW, BUSINESS LAW, REAL ESTATE LAW, BUILDING CODES, RIGHT OF WAYS , PROPERTY RIGHTS, LIENS, TITLE LAW.. AS SO ON AND SO ON.. if you just go bumping around you can learn a lot about properties and prices in your area.. but to make money in any real estate transaction " the law " is something you cannot change or be ignorant about..lest you bump into an unknown situation that will really cause hardships to you and your family. By the way .. do you know anything about construction ? If so that is a plus... if not you will fail big time. Hope this helps. If you need more info .. just ask.. that is what an eductated investor does.. so can you. Wish you and your family the best !

Hey Jessa, I tried a Realtor in Boulder regarding the Commercial Property in Longmont.. no response to the company invite. I have a partners investor with ReMax Alliance in Arvada have a lunch meet with here. I am not surprised.. I have seldom found realtors be of any help but rather the opposite. I have worked with very good realtors.. and they always become investors and retire over the years.. smart ones ! Will get back with ya on the Commercial vacant Land in Longmont after my conference. BTW.. the listing agent raised the price and mis-marked the actual plots on Zillow recently ! I am the only save on the property Zillow in over 900 days according the listing .. so it goes. Not deterred .. but fun !

Brandi .. spend your time and money learning Business Law, Contract LAW, Construction and Local Building Codes, Mold troubles and what to look for, Real Estate Law. Use that education in your determination of what not to work with... the good deals are what is left . Use your education wisely by what applies in the City, County, State any property under consideration is Located. Lastly.. who will buy your " deal " eh ? Finding Buyers is something that is not supplied in any course I have previewed.. ( many of the best out there. ) Lee Arnold System is the most realistic as you can also partner and get financed with his enterprise.. but if you do not get the education I recommend your in danger of big failures.. do you want to gamble or make money ? Real Estate Successfull Investor since 1985. I actually also took a Real Estate Agent Certification .. to learn what is up with Realtors as well. They are not investors but most are dismal failures and making good incomes. Unless.. you find one that is also an investor. When you find one.. hopefully you may partnership to your long profitable future. Wish you the best !

Hey Tina, never stop learning or just give it up , Right ? No help I have seen in the comments from an investor from 1985 can't help you if u no clue about these words " Short Sale" . Ring a bell ? If not give up due to you must deal with the Mortgager not the owner.. they are history. However .. for me to really assist I need the address.. what your needing to find the 1st Lien holder.. be rare indeed if that was not a lender. Lee Arnold is a specialist as " Short Sales " . The hardship is getting the lender to communicate.. but there are tricks. Once you get response then you have a " Short Sale" opp.. with the LENDER that must have " 1st Position" on any Forclosuser. So.. seems obvious to me your ignorant of the " Short Sale " tech.. my first into was from a Real Estate Agent that used the Broker to find props befor they forclosed finally.. I had among other biz's a House Cleaning Biz and the Realtor hired me to do final clean out .. etc. However, turned it down cause I only accept cash.. she wanted me to " bill " ... ha.. no.. I get paid cash with written contract for any biz.. first and when completed get cash. Checks are worthless. if someone is dumb enough to keep more than a little cash in a bank then they expect me to cash or deposit a worthless paper >>>> No.. I am a success cause I deal in cash or certified Letter of Credit and the customer goes with me to their bank,. get the cash and hands it to me. .or I put Mechanic Lien on the Property. So are you ready to crack this case and Learn ? Or stay " stuck in the mud" ? Your choice. Cheers for your efforts .. eh ? " 

Foreclosure: Foreclosure is a legal process in which a lender "attempts" to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. " Short Sale" workers cut a deal ( written agreement) to creatively meet all needs for everyone while you line up and new buyer. Still a road block to ya ? or... what ? Lot of paperwork with idiots at a Lender is my warning bout' your deal. .. are you up to the paperworks ? Ask yourself.. " ... is it worth 3 months of your time .. or not to answer your needs. " at least 30 documents must go back and forth usually.