It's pretty easy to obtain an ownership interest in equity to title, obtaining half the pie.

One of my goals is to obtain my real estate license primarily for the education, but from several of the forums I have read it could have a lot of other benefits as well.

The scenario:I need $20,000 to pay off 403 loan and pull down $50,000.The $20,000 plus loan fee can be paid off in less than a month after the loan check clears.The purpose: The balance after the initial loan is paid can fix two properties up to rent out at a total of $1600 a month, and will cover half of the amount owed on one property.My payment back to the loan would be a total of $800 a month (a $200 difference in what im payin now).How would i obtain such a loan and what can i expect to pay back for a one month loan if possible?

In the short time I've engaged in trying to obtain properties from Wholesalers, it has become painfully apparent that many, if not most, inflate ARVs, deflate rehab costs, and present very unrealistic deals to investors.

I already had other investments in the queue and decided not to spend my time dealing with repairs of this magnitude.This was a good experience but I will obtain much greater cash flow with other investments although less potential equity increases.

HI Nikolay, I have an article on what self employed individuals can do to make sure they are prepared to obtain financing in the coming year but I suppose it may be too late if you've already filed 2013 returns.There are still ways to structure your transaction to get you approved.

It has come to my attention this house was sold for$51,000, much later than I would have been able to close on this house.Listing agent on this was Craig ******, ID: **** (I obtained, from the offer).

@Tom Yung I agree it makes no sense to insure with aTax Cerificate in Fl, but.....could you even get insurance on a property with just a Tax Certificate?

Having a $350 minimum upon which do conduct repairs without having to first obtain owner consent is reasonable.

[in Marks contract with Bobby and I, if we had missed a payment, we would have owed the full amount of the loan immediately]do you think it would be best to approach Mark, or to first see what lJ can bring his credit up to in the next few months and try to obtain a standard bank loan first?