Do not I repeat do not do it Trudy Montelango's reputation is not so good and I wouldn't pay $24K for any mentor regardless on how good he or she is.Save your money Trudy if you are going to use that 24K use it on real REAL ESTATE not some pipe dream some guru with a TV show feeds you.

In my opinion, reputation is VERY IMPORTANT in this business.

I am saddened by the reputation realtors have.

You would need to have a purchase contract with the seller like Wheatie said above, for your specific state get with other investors at a local REIA meeting to see what they use and put in their contracts or go to a RE lawyer.And again Wheatie's got it, once you have the property under contract find a reputable title company, preferably one that works with investors and they can guide you through the rest!

In order to obtain 100% financing I would assume that you would have to build a good reputation in order to secure the loans for each deal.

As you can tell I had a bad experience at my first company, but just checking online about the company & the BIC will help prevent ruining your reputation by associating with the wrong crowd.

:roll: A D&B number isnt rarely used for conventional financing, it is mostly used to establish trade lines with suppliers, cell phone service and very rarely used for loans.

Originally posted by Joshua Dorkin:That's the price you pay as the owner of a property . . . you'll need to move the utilities into your name if your tenants no longer live there.Good point, Josh.To add to that...Our local electric supplier will set up with landlords a 'standing order' of such that switches power to the landlord's name whenever a tenant removes it from theirs.My original response to this was "Danger, Will Robinson" -expecting that tenants would do this on a regular basis while they were still living there.

Using a reputable title company 4.

Single family houses are generally the most forgiving for a lot of reasons and therefore I always recommend starting with a few of those.You do NOT want to BUY BIG; lose all your capital; gain a bad reputation; and be forced into bankruptcy.