I'm also looking to seek counsel with a CPA/property tax attorney... would that be the right person to speak with?

Hobby landlords that charge below market are the type of landlords we are all seeking to buy from.You will likely need a GC to do an evaluation on repair costs.

The condo doesn't allow open houses, so that is a slight issue, but there certainly has to be other ways to market such a property.Again I was just trying to see how enforceable this .5% penalty is bc we're nearing a point where the listing will expire so I could let that happen, but Im just not interested in a nearly $20k penalty, and at this point the last showing was June 4th, we're on July 5 right now.

If you decide to take any portion of the account as early distribution there will be taxes and penalties just like with any conventional IRA. 

Never heard of them.But want to say welcome to BP community, hope all is well.What was my driving force was eating up audio books to speed up the gaining knowledge process, in return I would gather my questions faster for more deeper research.also all podcast/video-blogs from BP, listen to all of them until you start feeling a craving for a certain niche, then focus more on that new found hunger.recommended books:-Rich Dad Poor Dad-Millionaire Real Estate Agent (known as the Red book within REA's)-Millionaire Real Estate Investor (known as the Blue book within REA's)-4 hour work week-The E Myth for Real Estate Investors-Profit First-10x Rule-Ultimate Beginner's Guide to Real Estate Investing (free from BP)Good luck, you seek , you will find#keepthehustle #lifeisworthliving #rethinklife

When getting financing from a financial institution they will issue an IOU note called a promissory note which secures the loan and details the terms, repayment, penalties, etc.

I signed the Confidentiality Agreement, but I wanted to share the numbers and my analysis on BP forum to seek some advice on these numbers.

But he forgot again, and I bounced two checks and was charged $75 in fees.We have a verbal month-to-month lease and have never discussed late payment penalties because we have never had to.It's my bad because I shouldn't have written checks assuming I had his funds.

My short term goal is to buy and rent single family homes and as my Real Estate IQ develops, invest in other forms of Real Estate.I'm here seeking guidance from experienced investors in New Jersey and if there is any value I can provide in return please let me know!

If you are seeking borrowers who cannot qualify for conventional financing you may run afoul of the predatory lending rules and get the attention of the CFPB.