I believe the purpose of these forums is to empower and inform each other based on our experience, etc.

The scenario:I need $20,000 to pay off 403 loan and pull down $50,000.The $20,000 plus loan fee can be paid off in less than a month after the loan check clears.The purpose: The balance after the initial loan is paid can fix two properties up to rent out at a total of $1600 a month, and will cover half of the amount owed on one property.My payment back to the loan would be a total of $800 a month (a $200 difference in what im payin now).How would i obtain such a loan and what can i expect to pay back for a one month loan if possible?

I finally received a much need promotion about half a year back, I have been saving up some funds.

Everyone will hopefully find their fine balance of: - liquidity and liquid reserves - asset/equity growth goals - debt management and cash flow management by strategically managing loan terms, notes payable, allocating, shifting, and replacing the more expensive debt instruments with less costly and better terms (fixed, no balloons, non interest rate sensitive) - tax planning - recoop losses from your financial bucket to be redirect to higher purposes or returns - estate tax planning - if you're over 5.34 mil and cannot siphon off your wealth quick enough through the 14k gift allowed annually per person- risk management - since each person has their own risk tolerance for each of the above categories To focus on just equity growth with out considering the other areas of planning may be very risky but thats just my opinion.

Handing someone a gift is a courtesy that doesn't promote a relationship.

The only time you would buy such a product is for tax purposes.

I'm not 100% if you are required to have one but aside from that I would highly suggest creating one just for liability purposes.

Rick,Check out this great post by Steve Babiak The Essential Guide on How To Build and Promote Your Buyer's ListYou can always post an ad on craigslist 'Looking for cash buyers', also networking with other wholesalers and at your REI club is another great way to find buyersGood luck

I found a lot of his processes to be very people friendly and all about promoting and creating "long term, good tenants".

Nobody cares about a vision statement except you, and you seem to have a good idea where you're heading so its served its purpose.