But either way, I like my properties free and clear, whether one or twenty properties.

However, WRA.org says thisBroker License Information for Wisconsin ResidentsResident ApplicantsWisconsin resident applicants for Broker may qualify for the broker's examination and a broker's license by satisfying the following requirements: Be licensed as a Wisconsin salesperson or have passed the Wisconsin salesperson's examination and: Show proof of completion of a required educational program approved by the department of regulation and licensing; orShow proof of having obtained twenty (20) semester-hour credits in real estate or real estate-related law courses at an accredited institution of higher education (NOTE: Applicants are advised to submit transcripts to the Department for approval of credit courses prior to applying for examination.); orShow proof of being licensed to practice law in Wisconsin.

If one, two or twenty do not pay, it might reduce your monthly income, but the loan always gets paid.

We are killing ourselves with all those Hamburgers, french Fries, twenties, Pizzas and the list goes on and on.

As I mentioned before, in twenty years of renting this place, I have only experienced one contract break.

How do you differentiate "terrorist" from "soldier employed by a foreign country"...especially when many terrorist organizations are at least partially funded by foreign governments (remember that even the Taliban was funded by the U.S. twenty years ago).

Then, cut back your living expenses to the bare bone and save like crazy to accumulate the twenty grand or at least enough that you could borrow the rest.I would assume the LTV issue wouldn't come in to play if this was a standard 30 year fixed loan with normal terms.

If you turn the deal just right and flip it in nintey to a hundred twenty days you should be able to make a hefty profit based on the numbers you described, and you keep it all.I think the most crucial part of doing these types of rehab and flip deals is to make certain that you are on very solid ground in your market value assumptions and also do a very tight estimate of the rehab costs.Some of the rehabbers we work with spend most of their time concentrating on these two areas and making sure that they have a good exit strategy.If you are comfortable with your assumptions you will make more money with a hard money lender than with private capital.

I ask this as a mid-twenties young investor who aspires to do this as my full-time job.

He deferred every aspect of maintenance for over twenty years to the point where the property was hazardous.