Did they set you back or did you press through with flying colors?

., lawyers, accountants, contractors, property managers - to show that you are not just someone who is fly-by-night, but has people behind him; (3) a description of the kinds of deals you plan on doing, including your investment thesis - why you think these are good deals, how long you plan to hold, what your exit strategy is, etc.; (4) who is qualified to invest and what the minimum amount they must commit is; and (5) a form for collecting their information, including name, address, phone number, email address, past investment history (to show sophistication), accredited investor status (you can google this), and the amount of money they would like to invest if you show them a live deal.You should expect that up to 90 percent of the people who provide all this information will never actually invest in a live deal, so you should make sure to collect these indications of interest for several times the amount of money you actually think you will need.

The intent is basically vacation home.If you ever wanted to refinance it and get that 'second home' interest rate, I don't think it would fly if Schedule E showed 365 "fair rental days" the year prior.

Hello BP-In the last month I have noticed in my local market (Chicago) that properties on Hubzu.com started to fly off the shelves.

I doubt that the city would let that fly.

I think it was the way that Brandon and Josh slow things down and help newbs understand all of the terms flying around.

You are correct... that money will just fly away unless it is managed well.  

All of business is relationships.There are a lot of people asking for what bank is being used, and a lot of PM's flying around based on this thread. 

She can walk a property (before I fly out) and give me a ballpark of what the costs will be based on the builders that she knows.  

I'm looking to buy a foreclosure using a fha loan in Jacksonville fl. I