Understand the impact that different ownership types will have on procuring financing.

(a) If a loan broker uses any untrue or misleading statements in connection with a loan brokerage contract, fails to fully comply with the requirements of this Article, fails to comply with the terms of the contract or any obligation arising therefrom, or fails to make diligent effort to grant a loan to or procure a loan on behalf of the prospective borrower, then, upon written notice to the broker, the prospective borrower may void the contract, and shall be entitled to receive from the broker all sums paid to the broker, and recover any additional damages including attorney's fees.

I bought the property radar subscription and for the price  ( like 50 a month) its awesome and has so much more than simply NOD'swe just bought a property in Lake Oswego Or that I credit PR for a big part of the procurement process.. we snagged a Prime property in strict foreclosure and beat all the big boys too it. end of the day when I split it into 3 lots and build 3 900k homes on it we will make mid 6 to high 6 net profit... all for an subscription that as stated cost no more than a minor starbucks monthly habit.its the real deal  !!!!

The reason I put money first is because if you have no money, and no source of funding, it makes no difference what property you find - you have no way to procure it.

My wife and I are looking to relocate to NC because of the relative ease in procuring and/or building income properties.

Assets procured in a Roth retirement account will produce tax-free income at retirement age.  

Hi @Damien Ray, I charge the 1st month's rent to procure the tenant, and then a monthly fee to manage it.

@William J HammIf the listing agent was not the procurring cause of sale there is no commission due.

You lost me Cheryl (not hard to do) ;-)Will you ultimately place new debt on the tear down and rebuild project or will you keep the cash you would extract in the project and not procure debt?

One of the counterarguments to this is that you can always purchase properties subject-to and bypass the costs associated with procuring additional debt.