While my existing businesses have done well (I have just finished putting two kids through college), it has been hard work and I would like to put my knowledge and experience to work in real estate investing.I'd like to think of BP as my second unique community.

Rate and term applies when there is an existing mortgage and you are not looking to borrow more than the outstanding loan balance; you are simply looking for a new interest rate or new term for the payback period.

I am in process of getting actual financials as well as talking with current tenants, previous owners to existing and property manager.

I could pull some money out on a couple of my existing properties.btw: She's also doing 5-10 loans with 3 months seasoning.

There are a few states, GA I believe is one, that has loopholes big enough for a birddog to walk through, but the intent of licensing laws is to regulate who presents RE deals to others.

I now have connected with 50 people I had no clue existed before I joined BP.

You said:The engineers report seems pretty thorough, it just doesn't specifically say whether or not I can put on a second story.So you have no input from this report as to whether or not the existing structure can support a second story.

When I brought it up, she said that Hard Money Lenders are virtually non-existent now.

@Daniel Cruz Seller financing with no recourse has been the best way for me to find rates that work.Acting as a lender and originating a loan at 12% for 12 years is most likely unsustainable by most properties so you may need to look at acquiring existing notes at a discount.

I don't think banks will ever get in te trouble they were in before with all the regulations.