It is simply the purchase and subsequent secondary market sale of a note which does not fall within the definition of either.

Fix the property and invest the difference or maybe you can find a private lender that will loan say 20K with a future advance provision for future draws.

APPRAISED (by lenders own appraiser) value WITH punch list = 170K, Purchase price 65K Rehab - Estimate made using three different rehab contractor quotes As with all HML the repair $$ to be escrowed with proper draw schedule an final release of liens prior to final payment.

Have the listing agent draw up a Direct Marketing Agreement DMA for each lead in which they step-aside.

Just watch the length of your deal, disclosure, make double sure there is complete understanding and make sure that you have a lawyer draw up your paperwork for this, even if you have standard forms that you already use.

I will probably draw some fire from this next statement but I will take it.

You can usually instruct the mortgage company to draw the funds on any day from the first to the seventh with no additional fee; for dates after the seventh, there will be an added fee typically.That should give you the same end result: bill payment without having to snail mail a check.

You save $ 1,398.00 totalby doing them all at once.6 *2,889.00= 17,334.00Warranty: 5yr compressor, 10 yr electrical parts, 1yr labor. 0.00 0.00Construction Draw : Half down = $8667.00 then after every 2complete systems installed 1/3 of the balance paid =$ 2889.00totaling $ 17,334.00

I would draw the conclusion that he made a great investment.

The FDIC is the Resotrust 2.0 If this truly was misinformation maybe all the data should be out there so these types of conclusions could not be draw.