While other prior profitable markets are drying up, Birmingham is thriving.

My team's job is to help me double my income so I can pay them more, cut and dry that simple, if that doesn't work for them no problem on to the next.

After all, excess cash tends to lead to asset bubbles, wouldn't you say?

In other words, the principal reduction paid by a borrower is credited to that note under the note terms, the excess over your capital contribution for that purchase price is interest income to you.

These texts are easy reading, can be dry as there is no fluff about how rich you'll be.

And one of those somewheres seems to be real estate (multi families, in particular, it may be).So assume fed funds rates eventually rise to a still-low 2% - are we thinking demand for <5 CAP multis dries up?  

If the future rents are found to be lower than the amounts actually paid, then the excess amount may be credited toward the purchase price, regardless of what the agreed credit might have been.Amounts determined to be credited which are paid in excess of rents paid will be shown with any other cash paid in lump sums, such as an option price, toward the purchase price.

Watching foreclosures dry up.

A multi-family home i been looking at and very interested in has come up with a number of issues from the current tenants that don't want me to get screwed in the deal. now the home has a foundation issue because the basement keeps flooding. the current owner has had to refinance the home to pay for back taxes never paid. the wood beams in the basement are rotted real bad. the boilers need replacing and walls need insulation the electric in one of the apartments is illegal and running off of the boilers electric. the septic is draining into a nearby lake and the pump that is suppose to keep the basement dry isn't pumping the water out fast enough and is also draining into the nearby lake. some of the siding need replacing and the floors are slanted to some degree. the current owner and previous owner are friends and have not done any repairs. i still want the house but how do i go about getting funding to buy and rehab the house without doing a traditional loan or hard money since 35% up front is to much to come up with. also is there a way to force the landlord to sell the home cheaper the town has it at 207000 but he is asking 359000.

While there have been many books and seminars on real estate investment using many tricks and computations to try to turn nothing into something, including getting money from credit card cash advance or excessive financing, my almost 50 years of experience always reverts back to K.I.S.S.Have you ever been around an old-time investor?