That's why I'm thinking of bidding $22,100, I'm hoping that bidding $1,100 over the asking price will beat out any other bidders.On the other hand, If there aren't any other bidders this deal would be a lot sweeter if I could offer $18,500 and get away with it.So I'm torn... should I offer $18,500 and hope no one else has bid on it, or should I offer $22,100 and be fairly sure the house is mine.

The fact you can get away without trashing your credit or ending up with big money judgments leaves you far ahead of many people.If you goal is to acquire a rental portfolio (which won't produce a ton of income unless you have dozens) and live simply, I'd work toward being rid of those expensive houses

Payback hard money lender 70k principle plus 6 months interest of 5,250 for a total of 75k (rounded)6.

This did not make him the right candidate for a GOP conservative ticket (he was not) but he was no less deserving of great respect.

If the investor does not have equal say so in the conduct of the business and his return is based on someone else's performance you are treading on SEC territory.On all of these you may get away with not following the rules until someone is not happy with the return or money is lost.

It's that time for another round of book referrals.

But if the investors are accredited, then you should be able to get away with it for a much lower cost.BTW, for a four-plex, I would not really do a separate LLC for each investor.

But it may mean you will find a bunch of big ticket items that will need work in a relatively short period of time.You do want to have some cash reserves.

In FL, get a good attorney and you can get away with anything.

It's happened to a friend of mine, his wife ran out with one of his friends, he was devastated, and it took a toll on him and his career was in ruins.So pay attention, quick weekend getaways, take her out to dinner and do things she likes, you can allocated a bit of time for her.