All Forum Posts by: Terry Duff

I would rather not use hard money but will if I have to. If I were to partner, yes I would put up the work!

Jon, You're right funding from a bank in 2 weeks no way! I'm hoping to find some private funding and flip it. I'm not sure I know what you're asking about what else I offer except that I've been flipping residential for a couple of years and trying to break into commercial. I did a very conservative analysis and at a 60% occupancy the NOI is over $41K. The tax assessment was $228K in 2011 and it's located near Augusta, Ga.

I got a lead on a distressed 180 unit self storage facility about 3 weeks ago. It's a property that's going to be foreclosed on but lender will consider a short sale. They wanted $200K and it had to close by 11/28/2012, I offered $150K with a 21 day due diligence period. They declined my offer. Today, I heard back from the lender they decided to accept my offer but still want to close 11/28. I need help, advice,

Has anyone bought and used privatemoneygoldmine.com? Supposedly for $97 you get a list of private lenders who lend to RE Investors.

Anson is right. The way to do it is have an angle and get them before they hit the MLS, otherwise it's all red tape and bidding wars. I'm looking to take that strategy nationwide...

How do you get them before they hit the MLS?

Could you explain the benefits of non-disclosure of title premium passthroughs.