I'll give them a deal on a personal house repair or may not charge them for a service call on occasion if it's something dumb like a dirty filter or breaker off.

I'm using FHA financing and everything has gone extremely well... until now.Despite asking my mortgage broker on multiple occasions if I'd need cash for anything in addition to my down payment, inspections and appraisal, he has just informed me that I need 3 months of reserves (about $3,500) in my checking account at closing.

This motivates them into working with you to come to an agreement and get the loan reperforming.The NPN investor I spoke to said he has proceeded with the foreclosure and taken the property subject to the first on a few occasions and in some of those the first threatened foreclosure and never followed through.

I have, however, been to court on occasion over the course of my real estate investing and I've seen where the outcome of a case doesn't necessarily involve what's written in the law but rather by which judge you are standing in front of.

Sometimes I'm not sure if our politicians are naive or ignorant, or ...... you fill in the blank.

@Adam DemchikI spoke to a financial planner buddy of mine and he said on the rare occasion that they have had clients go this route they send them to pensco trust company.

I didn't have a lot of trouble with tenants or sellers or buyers in my investing days, but, on the rare occasion that I did, I would always ask the question:"What is the amount of the check I need to write out to make this problem go away?"

Finally banks do go broke on occasion or change policies on lending that limit their ability to help you at a crucial time.Please note that I am not nearly as sophisticated or knowledgeable as many members on this forum, and am only speaking as a person who gets loans not gives loans.

So far ive been requesting the tenants bring in 2 blank money orders and I use a premade stamp with my ira info on the stamp and we just stamp the money orders when they bring them in.

I have personally met Than and Paul on a few occasions.