I assure you that the moderators here have a lot more to keep them busy than thinking up crazy stories!

For me, this could be another good stress test where they can give me assurance that they are capable of handling unforeseen, tough matters that investment managers will inevitably face in their operation.

They assure me that the property needs very minor fixes ($10K) to bring the ARV to 120.

Your investors will take care of closing costs provided you get a "Net" quote.You just need to have a non-circumvent agreement in place so that you assure your commission which is determined by the difference in the quote you get from your investor and the quote you give your end client.Let me know if your still watching this post and ask away.

This is a technique used by many different types of professionals to assure themselves a steady supply of business.So what are the advantages to having a farm area?

if i can close 10 deals a month (with investors) - for me in commissions, that's $30,000 there abouts - and i didn't have to buy anything, put anything on the line - i just do the deal and bam, i'm on to the next one.the reason they don't "keep all the 'good ones' for themselves is simple - it's not part of their business plan OR - like was mentioned - they don't have the money or the creative mind (or want) to do so - period.but those are AGENTS i'm talking about - the "brokers" know what they're doing (most anyway) and i assure you they own real estate and a lot of it.i definitely agree that most AGENTS don't have a clue - for real.

In short, I can't just cross my fingers and HOPE they won't call the notes due without some addional assurances because if they did, the consequences could be devastating.I've heard people say that the bank would be foolish to call in a performing loan, but I also think that in todays climate they are more concerned with maintaining solvency than maximizing profit.JMac

Tracked down the dad and he is going to pay two months and provide assurance to GET HIS SON OUT in a timely manner.

However there are ways you can assure that you will not get cheated in a deal like this.

Having money helps in real estate investing but having none should not be a setback.Learning from everyone's mistakes will definitely be beneficial to you but rest assured you will make some of your own.