So we got to talking, and he offered my buddy and I a business proposal..

Should be a little easier to shop this time around, considering the market.But man - as much as the last one wore me out - I just can't wait to do it again.

How would my investment be secured (am I on title, am I a limited partner, am I just a note payable)?

Should I A.)

Loan Criteria Documentation Full Income / Verified Assets Main Credit Score 580 Occupancy Owner Occupied, Non-Owner Occupied Foreclosure 84 Months Old Bankruptcy Ch. 13 84 Months Old Bankruptcy Ch. 7 84 Months Old Loan Amount $100,000 - $1,500,000 Lien Position 1st Mortgage Cash Out Amount $1,500,000 Loan Purpose Purchase, Rate and Term Refinance, Cash-out Property Types Hotel/Motel, Other Commercial Types, Restaurant/Bar Rate Types Straight Fixed, Adjustable, Hybrid Amortization 15 Years, 20 Years, 30 Years States AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY Special Features Borrower is a Corporation, Borrower is a Trust, Interest Only Payments Available, Borrower is a LLC or Partnership You might even have to consider a hard money approach---here is an example of what you can expect:COMMERCIAL, 001 70% commercial Loan Program Notes • Loan amounts are allowed from $100,000 to $5 million

I, as an real estate investor and the investors I would be selling the loans to, are in the business of buying real estate.I look at it like its not that much different than buying foreclosures on the courthouse steps or at an auction.

I a new investor and am interested in purchasing a property, multi-family property, but I have no money to put down on.

Where I'm from in Iowa lots just outside of town cost about $40,000, which I'm told is similar to Albuquerque.

I started investing in real estate with a buddy in Iowa, but my wife and I just moved to Kansas City so she could go to med school.

I looked into it before we moved out of Iowa, but never was able to actually make the investment in time.