
7 February 2014 | 27 replies
As with investing, the more money you have, you're able to jump in at a higher level than others with limited resources.

5 February 2013 | 16 replies
I found some fixer uppers that were sold off market that I could get the seller to seller financing with a bit down and a short term loan (even via wrap when a lien existed).
5 February 2013 | 28 replies
I also was a Mortgage Broker....Originally posted by Harold Wimberly:...I have to disagree again.The Person doing the loan does own the property. ...The borrower is the owner, the lender is just the lender and is not an owner of anything other than a note and a security interest in the property.Not sure what training goes into becoming a mortgage broker, but I would have expected something as simple as that concept to be included in the "basics", like before the 101 level of coursework.

5 February 2013 | 8 replies
Rented a property 4 times(FL) without meeting tenant 1st 8hr saway.1) Craigslist Ad, credit check, POI,POR, 4 references, verify rental/job2) 1st tenant stayed 2 years no problem(met at move out)3) 2nd ten stayed 1.5 yr broke lease early due to personal(3rd party met)4) 3rd tenant stayed 2 years(didn't meet before move in)5)4 6 months into current lease(met before move in)All good tenants..It really depends on your comfort level and screening process..I'm thorough...

12 March 2017 | 24 replies
In addition to the obvious contribution limitations, the dangers of self-dealing, and general ease of "messing up," a self-directed retirement plan also eliminates the ability to take advantage of significant real estate benefits as depreciation and many business deductions.Agreed.As far as the debate over Roth rollover or not, you are also correct that in large part, it depends on age and income level of account holder.

6 February 2013 | 2 replies
Used to they would let any agent do them but now BPO mills have stricter requirements and experience levels.

10 February 2013 | 14 replies
There were also a handful of loans to trusts made by WaMu and a few other extinct banks during the mid-2000's period of loose/cheap money.Title holding trusts, of the sort commonly used by real estate investors in my area, offer first level privacy for investor types and convenience of administration, but no real asset protection.

6 May 2013 | 14 replies
. $10k/year definitely should earn you multiple mentors(with a reasonable level of proactiveness to return phone calls/emails and ensure that you are not forgetting to dot the i's and cross the t's that you are unaware of) to work with.

18 December 2013 | 25 replies
If a tenant or two is behind I'd see that as a big negative in that part of the state (actually, at my level, in any part of the state).

24 March 2013 | 13 replies
So, I thought about doing brackets for certain investment levels ($50k,100k,200k) and then adding a load factor for their % of the total fund but these are all just guesses and arbitrary.