I found this quote today on the blog of another company here in Memphis:“The uptick is attributed to a continued intensely low rates, a strong register that accommodates a incomparable customer bottom and sellers’ coherence in negotiating a transaction,” Dickson said.

You need to go out of your way to ensure that the collateral is in all ways as good or better than the collateral being replaced.While I have done collateral substitution deals, I strongly advise to avoid the temptation of doing so without the approval of the lender/investor, such approval not being unreasonably denied.

I've spoken to a couple of lawyers here in Florida and I've been told the way the veil gets pierced here is either through committing fraud or commingling of funds.I agree that an LLC (rather than other types of entities) seems to be the best option for rental properties for most people, although apparently some wealthy people use various types of trust arrangements.

I have not used a plug and play agreement in years, I strongly suggest you get a rock star attorney to draw up the papers on a per deal basis.

I STRONGLY suggest getting a mentor.

Once he sets up his cash flow he can work with the excess to develop some strong RE strategies.

Northwestern Illinois has traditionally been a good market for Lonnie Dealers as there are absolutely no street dealers in that part of the state, and smaller communities do not have strong sales programs to control their infill needs.

You should offer 6 month, 12 month, and 18 month then move on to the next if they do not purchase offer your wholesale price but list a higher rent until you have a commitment and ADVERTISE IT, SOMEONE WILL TAKE IT !!!

I'm a software engineer in the Boston-area (Waltham), but I have a strong interest in real estate and development.

People pose as lenders and then get you to send them money upfront either as a "due diligence cost" or "commitment fee" and then fail to fund your loan.