So they are tacking on quit a large some of penalties.

I was anticipating that when banks have foreclosures, they would seek out Realtors with REO experience or perhaps a realtor specializing in REOs.

Hello,

75k loan on 450k property in NY

Private/Hard Money lenders wanted. We invest in SFH's
that are rehabbed and sold to owner occupants. Your loan
would be secured by this real estate. Your loan is secured
by a M...

Unfortunately nothing was built into the rider in terms of penalties if the money was not returned.I don't know if the Nevada Corp has asetts, i now there are 2 persons managing this corp.Are there any quick ways of putting pressure on this guy, because I can sue the corporation or k Wilson but f there are better ways I would like to know before.ThanksVanilla

If you have a local REI club in your area, I would seek out another investor and ask them to coach you through the deal.With such a high price tag, you definitely want to be careful, however it could end up being one of those "smokin" deals!

If you want to fix that, go back and file corrected returns and pay the taxes and penalties that are owed.

I am actively seeking out partners to help me begin what I already know will be an amazing ride in the real estate investment world.

I'll jump in on this one . . . in determining if someone is a novice or experienced, asking them how many deals they have done may not get you the answer you seek, as people often tend to lie when they are inexperienced.

You do have to make payments based on a 5-year schedule or the loan could be treated as a premature distribution with tax and penalties. 8)

Ca$h Money Buyer$ seeking to purchase apartments within the next 30-45days.