Any investor that is going to be buying a note from you will want to see your borrower's credit report, and they will see that this person was behind and you bailed them out.

I've NEVER been to any of the pay seminars, or bought any of the programs, although I've read lots of the books (library) and heard some tapes (let me borrow it for a couple of days to see if I want buy it).Back in the day when I was still working (I was a sales rep) I would go sometimes to the Zig Ziglar and others "motivational/sales/postivie thinking" day long events.

A great deal more would need to be shared in order to give you advice.There are equity based lenders that will entertain offshore funding projects; expect the need for the borrower to come in with 25-30% to seal the deal.Regards,Scott Miller

If I have to put my own money to repairs, and then, submit receipts, etc. to get reimbursed, then why would I want to borrow money for repairs in the first place?

Remember, TX has lousy appreciation (2-3%) and lots of marginal borrowers who didn't start out with any equity.

I got a basic lease from my local landlord association, I've borrowed a couple of books on leases from my local library and included clauses that looked good, but I've yet to find anything specifically for students.Does anyone here have anything they use or can point me to a good resource?

Secondly, how much should we borrow from the bank?

Mortgage loans are made based on the borrowers credit worthiness.

For example, if you 'borrowed' $20k from the city for the down payment it would be forgiven in 10 years.

What is a hard money lender and how do they differ from standard bank mortgages in terms of rate, costs, time etc?