If you are starting with that kind of capital, I think I might do a deal or two to get some experience and then go the bank for a commercial line of credit.

I have the line on some lots in a new sub the owners will consign us the land tell the house sell's. all i need is the funds to build a couple model homes.

As you can see by the subject line I am a 21 year old business law student.

She only rents, so she doesnt know anything along the lines of using mls to my advantage, and quite frankly, I dont either.

Pretended to be a newbie asking about in and within a couple days is already touting what a great product it is as well as quoting what would seam to be "company lines" to sell to others.

When the homeowner takes out the loan, the lender will make sure that these procedures are in line during the application process.

That or they are walking a dangerous line.

Equity really doesn't mean that much unless you can access it either through a refinance or an equity line on the property.

Hello everyone, Just a few lines to introduce myself.

Specify in the lease and the online advertisement that the home "comes fully furnished with top of the line equipment, furniture, etc."