Steve Cook please keep us updated on if you are able to execute your plan.Some of these lenders over promise and under deliver.

I would like to do a very small group that wants to actually have a topic, come up with a plan of action and execute. 

If you are flipping, then you are more vulnerable to a market shift than if you have a back up exit strategy to rent the unit.

Rob, thanks for your reply.Really only looking to discuss the idea of the management requirements and the mechanics of executing a 50/50 split - not everyone's philosophies on partnerships or what everyone would view as "worth it" as I've been through this on other posts.This post is just about executing the 50/50. 

Hi, all.I'm buying mortgage notes and judgments.Does anybody have any contact information about top executives at Midland Funding LLC or Portfolio Recovery Services?

As usual, apologies for ignorant or overly basic questions, typos, etc...so over the past year i have successfully converted a traditional ira over to a sd ira with checkbook control and have had good early success with cash purchase and rental of 5 single family dwellings. on the post-tax side i am am about to pull the trigger on my first leveraged investment property, also a sfd on which i have an executed contract and will close in a few weeks.  

Because the world is full of people who learn, study, and plan but never execute. 

Rent credits can easily lend to equitable interest in the property and you really just need to keep your LO Tenants as strictly Tenants, until they execute their option to purchase.A 1-year lease is pretty standard on traditional leases.

Our broker told us for the initial offer to have the closing date 90-120 days after the purchase agreement was executed.

If an issue comes up during an executed contract (i.e., code violation, judgment, etc.), renegotiate the purchase price, assess how to clean up the issues that are clouding title, and try to turn it into a Win-Win Situation. 4.