All Forum Posts by: Christopher W.

Hi

Oh and as long as Rich keeps taking these month long vacations you'll catch up to him in no time! I also noticed that Jon just took the #2 spot from Rich.

Congratulations Nick! Great job!

Originally posted by Dee Xixi:

Do i need to make the owner signa paper so that can prevent them contact an agent or another investor

I wouldn't do that. If they want to work with someone else, let them. Make sure they know that you are there for them and then give them a call soon after to check up on them. If you force them to only work with you and they really don't want to, they will find a way to stop the deal. And that will only cost you more time and money.

1. ‘It’s not a dog; it’s a barking cat.’

I actually laughed out loud when I read that.

That is good news! That is too sweet a car to just let go. Have fun on your trip! I have to admit that I'm more than a little jealous!

The ones I listen to consistently are Get Real REI, The Real Estate Guys, and of course Peter Giardini's two podcasts.

Oh, to answer your question - For investments purposes there are quite a few ways. I think the two main ones are that you can either finance your own rentals or get private lenders. To use your example to finance your own you will have to wait for any appreciation in your current rentals and then do a cash-out refi. There are plenty of limitations on getting conventional financing for more than a few rentals though.

I think what most seasoned investors do is find private lenders and then pay them a certain percentage to use their money.

Search this site and Google and you will find plenty of article and posts on what private lenders are and how to find them. Actually, I know for a fact that there are some on this site right now!

TWO Nick Johnsons! I don't know if any website can handle THAT!

Congratulations Will! Obviously you have been a huge help to the community, but you have also been a huge help to me personally. Thanks!