More and more credit unions are now doing commercial loans and my experience has been that they have lower interest rates and less strict lending standards than commercial banks.

They (my local franchise owner) had a very strict policy and didn't allow any buyer inducements from the seller's commission.

The reason why I ask is that with all the strict mortgage regulations now I was wondering if this is something still done these days or if most lenders don't allow this anymore?

At 66 lots of things happen some people want to move to a warmer climate and dont want lose strings attached or your health is another factor. the other things involve your estate and do you want your kids to have real estate to contend with or is this strictly your thing?

It sounds like you're looking strictly for landlords Kyle B.

My standards are not as strict as their's, but mine are a lot more strict than the mom & pop landlords.

I try to hire a manager that does strictly management work and isnt doing to much selling on the side.

Erik Kubec,An IRA is definitely required to issue a 1099 to anyone that is paid over $600 unless it is strictly for a rental property.You will selecttrust, You will list the IRA's name as it is on your paperwork.

You will notice if you work probates regularly that there are a few names that come up routinely.

Yea, strictly speaking my question was how much cash would you need to survive if you were dropped in a brand new market and if you only could invest in real estate to create income.