I could very well do this type of business without a loan at first but the leverage with 10 or 20% down is so important that I would like to benefit from it.As far as my investments in France, don’t hesitate to ask questions, I will be happy to answer them.

Little hassle and you make a few buck - go for it.If the deal is messy, not likely to close, will tie up your funds then you need a bigger reward for the risk.Some folks work a year in a job for $30K plus benefits.

So let me just expand for the BENEFIT OF FUTURE READERS and other newbies who think having a "mentor" is the be all and end all to becoming an investor.Why would you agree to a purchase price of $198K in a neighborhood of $90K to $145K houses?

Consider politics, that appears to be part timewith great benefits also.

Health care benefits, keep funding your 401k, use their phone, fax and copier when you can!

i guess the way i view land trust's is that it is an excellent benefit for person who wants to purchase, but can't right now in the traditional way.they get to work on strengthening their credit, plus they get the write offs. it would seem to make the chances better that they will perform with the eventual outright purchase, versus a straight lease option.i haven't done one yet, but i just closed on a deal where i am going to set one up. so, until i've actually set one up and than closed on the sale, i won't know for sure. jim

This allows you to move your properties using the Land Trust procedures.Transferability of Title: Holding your properties in a Land Trust creates one of the greatest benefits, and that is to Easily Transfer your interest.

Is it possible to send offers in directly to the REO department without an agent acting as middleman?

., is typically something like "Such and Such Trust Company Account xxx, for benefit of Your Name".

There are benefits to building a track record in the name of the LLC.