Having money and making a loan may put you in the position as a lender/note holder. but having money to loan does not make you a lender or using other's money might have put you in the position as a broker, but that in itself doesn't make you a mortgage broker unless you have met the compliance issues of a brokerage operation.With you suggesting soliciting fundss as you did simply demonstrates a lack of legal requirements and your description of interests held in a collateral postion were really off base, so that too shows those here who do know that you are not a real mortgage broker as legally defined.

You could settle for less, but most people right now, myself included, do not look at anything under 11 CAP.It is important to realize that by putting money down in this case, you are simply “buying” CF.

If not, I agree with J, having cash is important in REI and can make entering this business much easier and quicker, so reserves are key.

But many people have prospered without such advice, and more power to them.My mentor has helped me with decisions that I simply did not have the base of experience to figure out by myself.

Any HOA simply wants their owners to pay their dues.

If you have 100k equity in a house but it's not going to be easy to rent (same number of bedrooms (3) as a smaller house but bigger sf by 1000) do you sell it and acquire a smaller house that's more "rentable" or simply lower the rent price and eat the greater maintnance costs (carpet, two AC units, etc)?

If I just do a cash-out refi of one my properties and use the money to either buy another existing apartment building, or simply blow the money on a new Bentley, then the lender wouldn't have much of a problem??

I found most in a market i recently entered were 10%, but just needed to find those who were less.

Then, simply add the land value and the MH value together, and that is what is fair.So at $550,000, they are way high in their asking price, - unless that is an awfully nice house and shop..!

I don't know what that is, but simply plug your loan terms into any "loan amortization" calculator available through google search.