You can definitely invest out-of-state all you want, no restrictions.

Suggesting you begin or continue your RE like most others do, set your RE business up to feed itself rather than shifting assets into that business.As to borrowing from life insurance, short term at 8% can get you one the way, consider flipping until you end up with a rental you want.The other alternative is biting the bullet tax wise from your accounts, that means your required after tax yield will need to be even greater to make up for that cost of money, a rate you may not make.I'd suggest too that you begin saving in other vehicles that don't restrict your funds.

We are in the process of gathering info to launch our yellow letter campaign.

Depth of Lake, Wake Zone, Conservation Restriction, Deeded Dock Slip, Lake Access...etc!!!

And as Don points out, there is no restriction against the trustee in making an offer, but frankly, the lender will set the price.

(rather than call the name on the application who I believe to be the desk clerk).In other words, is it within fair housing laws to verify the information with the employer in my own way, or must I restrict verification to the name she listed on the application?

Michelle,Thanks for the response, I have a 200 yellow letter campaign going out this week, and if all goes well there will be 800 to follow the following week.

My mentor suggests that a PROPERLY executed yellow letter campaign (search the forums here) will yield an 11%-15% response rate IF the mailing list is targeted.Out of those responses who were motivated enough to respond, about 1 in 25 will be a deal(high motivation, high equity).

According to the Comptroller of the Currency: "A check is a negotiable instrument—the payee, the person to whom the check is written, may negotiate it through the banking system at any time" and check writers seeking redress must restrict themselves to pursuing the payee.[16]Nonetheless, if "the customer has given notice to the bank of the postdating describing the check with reasonable certainty" the Uniform Commercial Code requires that the notice to be honored.[17] In practice, whether the check writer has any redress against the financial institution where the payee deposited the check may depend on whether it can be shown that the check was accepted over the counter without examination

Creating a successful campaign is probably the single most important step to keeping your pipeline full.