I recently heard a podcast describing how to do it, and I was thinking of looking into it in more detail this week.Basically when the seller of a property loans the buyer money to purchase the property, as is often done to help the buyer with the down payment or closing costs.

I have yet to figure out all of the details, but I want to keep the ball rolling on investments so that I have enough money by the end of 2008 to quit my job and be a stay at home mom.

One of the major benefits is qualifying as a real estate professional and i still havent had a chance to get all the details on that until i speak with someone with a CPA.

Everything is in place...I can forward on an attachment with all the townhome details if interested.ThanksJeff

No environmental hazards (dept of health, zoning checks)4.

I had a great meeting with the City of Beaumont,TX and with Wells Fargo , just need to iron out some details and get an environmental engineer report.anyway , I love the site so far , - great setup , hope to meet some intelligent people that give me some pointers!!!!

Care to share some details with the rest of us?

Please let me know the details and possibly I can help.Lori

I would like to chat with you in more detail and will send you a PM.Take care,Knowledge

I am looking for Private money because of the flexibility and I'm trying to avoid the high upfront fees charge by Brokers and Hard Money lenders.I would like to hear more details about your Private Equity and JV process.