Which isnt bad money but, who would ever want to reach there potential, the sky is the limit in real estate.

Currently, the maximum penalty that can be imposed on lenders is $6,500 for each violation, up to a limit of $1.25 million for all violations committed during any one-year period.

It's a family deal, grandma owns it outright and needs the cash to maintain a comfortable lifestyle.

The contribution limits are $4000 per year right now.

So, for those of you that go that route for financing, I was wondering what lenders you use, location aside, although I am mainly looking for but not limited to FL and CA funding.

justinsdilemma,If you're going to run a sizable rental property business, you will almost certainly hold your properties in LLCs (limited liability companies).

Paying their overhead AND letting them further dip into my commissions they really had no part in procuring has finally got to me.I have a desire to go on my own and start a small scale brokerage specializing in limited service (flat fee listings).

Purchase loans are prefered...cash out is limited for refis.

Did you know there's a way you can 1031 exchange a syndicated deal even if not all of the limited partners want to keep their money in the deal?

I think in general this has been mostly a bait and switch - first it was an insurance job, but he mis-read the insurance policy that we gave him (he basically thought it was the policy where he could make some good money), so then he revised the bid to be a "cash" job with a $1,000 limit on "unforeseen work" like extra shingle layers and redecking.