Then, a hearing is conducted and you must prove your case.In both Colorado and Texas, the county agencies either sell tax certificates annually or annually turn the debt over to attorneys for collection.It may be the wisest to research your state’s statutes to get the exact answers that apply to the property in question.

Forgot to mention - I would pay cash for the property and I have factored in 10% annual maintenance/repair, 5% self managing cost; $1393.00/year property taxes, insurance, utilities, and 10% vacancy/bad debt/collections into my spreadsheet.

This drives up the rental prices and almost eliminates vacancies if timed correctly.

I want to remove the debt of these mortgages from my SSN.2.

The trend here appears to be that most people are having some trouble/frustrations with whatever strategy they're using and are looking to break into a different strategy to eliminate their current problems.

What if one investor likes debt and the other does not want to be in a first loss position?

However, you can only take money from verified accredited investors.Press ReleaseFACT SHEET Eliminating the Prohibition on General Solicitation and General Advertising in Certain Offerings

I don't have a problem with using debt to buy real estate, but in an intelligent way.

Please exclude debt partnership percentage and HML.Lets say I put in 50% and the other party invests 50%, but I do all the work, (find the deal, rehab, use my general contractor, my realtor, etc).

Guys - purchase price is only one of many, many, many negotiable terms that tee-up CF (and I am not talking about putting more money down to lower the debt service payment).What Brandon Turner and I know, and what I want Mehran Kamari to think about (only cause I think you got talent and you are in my article for next week :) is the following:STOP LOOKING FOR PROPERTY, AND START LOOKING FOR TERMS!