Granted, in spirit, it's the same as potentially using my POA in our current model - in the sense that we're authorizing a loan to ourselves (making payments too, of course), and then we would subsequently release our own loan after the R&T refi closes.I know we could just use the fam's cash, without the private loan bit, and do a cash-out refi, absorbing the slightly elevated interest rate. 

(I'm sure there are many people here who are more high-risk-high-reward investors who may disagree, but I'll always be on the more conservative side ;)Typically, we recommend that investors have about $5-7k in reserves for their first property, and then an additional $3-5k for each subsequent property.

I went with the latter, and required insurance indemnifying me, which the tenant subsequently got.Another tenant set up a drug dealing operation from his apartment.

The best part is, with just the subsequent three tips, you'll be able to accomplish this with less time, effort and money than you might otherwise have to invest with more traditional methods of advertising.1.

You also mentioned that you don't quite own 'Bob' business, yet, subsequently the assumption that Bob being your father is a logical one, as we tend to inherit from parents. 

All of my negotiators recommend a deal after an exhaustive financial analysis and after verifying that all the requirements of a short sale are met (Like being listed with an agent, executing a 4506T, providing a hardship letter, bank statements, tax returns, Arms Length affidavit, budget, etc..) and then signing off and verifying all of the requirements are met so that when its all done, a subsequent audit from an outside entity or regulatory agent will confirm that it was done properly and NOT just because some talented negotiator thinks it should have been done.

Hi Everyone,I'm a real estate investor in California and looking to close a deal over the next couple of months.Has anyone had any success closing wholesale deals pre-auction/foreclosure by visiting the owner to discuss finding them a buyer and subsequently finding said buyer via buyers at auctions?

Growth is stunted here for a variety of reasons so most homes are very old.I am concerned about putting away 50-100k for a down on a quadplex for a first time investment when other areas seem to have much cheaper housing allowing for equity to be started much sooner and subsequent properties purchased faster.

I set up my Airbnb listing in January, so my review-count earlier this year was significantly low, so, subsequently I had to keep my prices lower to get the bookings.

If pooled LLC, here are some of the rules that apply:Just like above, the LLC cannot obtain a loan, and the IRA participant or solo 401k participant and other disqualified individuals are prohibited from using the LLC owned property for personal use.IRA or solo 401k funds and personal funds have to be invested all at once in the newly formed LLC and no subsequent funding is allowed.